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by yummyfajitas
5061 days ago
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Rather than mindlessly quoting Krugman's newspaper column, you should go learn the basics of Keynesian economics. Keynesian economics claims that companies don't hire workers because their real wages are too high (due to sticky nominal wages and insufficient inflation). Since you seem to have an aversion to reading anyone besides Krugman, why not go read his textbook? http://www.amazon.com/gp/product/1429218290/ref=as_li_ss_tl?... |
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