Wednesday, January 4, 2012

Must read: Krugman nails it again

Before the Occupy movement stole the headlines, Americans heard a lot about how terrible it is to use debt to leverage our economy, create jobs and prime the economic pump. The headlines are behind us for the time being, but a lot of reasonable people have adopted concern about public debt. Nobel-winning economist Paul Krugman speaks for the majority of real economists (as opposed to political economists) in continually trying to educate Americans about vital economic issues, and his current NYT column covers our common misconceptions about debt in a very informative way: Nobody Understands Debt

No comments: