What's happening in monetary policy and macroeconomics.
Tuesday, August 13, 2013
Farmer on Krugman
Roger Farmer has posted an open letter to Paul Krugman. Farmer is a Keynesian, but he has his own unique view of what that means, and clearly he thinks he has differences with Krugman. Roger thinks about Keynesian ideas in terms of indeterminacy. You can explore those ideas on his website.