Debates go on to this day about what caused the Great Depression. Economics is not very good at explaining swings in economic… — Eugene Fama Copy Share Image
The world economy is in a nosedive, and understanding what I call "depression economics" - the weird world you get into when… — Paul Krugman Copy Share Image
When depression economics prevails, the usual rules of economic policy no longer apply: virtue becomes vice, caution is risky and prudence is… — Paul Krugman Copy Share Image
