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No, Krugman's economics are actually very similar to Piketty. Not to denigrate either one's contribution to public debate, but going by content Krugman tells us that except in these very special circumstances the classical theory works. The total inversion of Keynes actually. For Krugman the General Theory is the theory of liquidity traps.
by generic on Wed Mar 25th, 2015 at 09:52:02 AM EST
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