Tag Archives: Monetarism

Krugman, Babysitting, and Keynesianism (or is it Monetarism?)

Developing my lecture on Keynesianism, I’ve developed some reservations about my objection to fiscal stimulus. I’ll write more on that when I get my thoughts better organized. But in re-reading one of Krugman’s famous analogies, about the babysitting co-op, I … Continue reading

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