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by RobertoG 2967 days ago
Sorry for the late answer, I have a life ;-)

Anyway, I don't think our discussion is going to arrive anywhere.

You ask for Krugman (who is a guy that I like by the way) opinions:

https://www.cnbc.com/id/46944145

For me, what he says there is in clear contradiction with (for instance):

https://www.sciencedirect.com/science/article/pii/S105752191...

It seems to me that whatever it is what they put in their textbooks, even more important is what they put in their models.

Here there is a good criticism of Krugman views: https://www.nakedcapitalism.com/2012/04/scott-fullwiler-krug...

But if they didn't solve it, we are not going to neither.