Is the U.S. really a post-oil economy?
One way to gauge the real economy is to look at charts of the GDP, wages, household debt and the price of oil; another way is to correlate all of these on one chart. The following chart (courtesy of freq…
The Profession and the Crisis
Paul Krugman
Woodrow Wilson School, Princeton University, Princeton, NJ 08544-1013, USA
So we’re having an economic crisis. I say “having,” not “had,” because we have by no means recovered. Financial panic may h…
Paul Krugman had a lengthy piece in the Times over the weekend–something to the effect of what’s wrong with the economics profession. Having the attention…
