Moveable Feast Macroeconomics

“I know that the scolds want their apocalypse; they really, really want to believe that unless we do their bidding incredibly terrible things will happen. But the most relevant historical example I can find offers no support at all for their scare-mongering.”

via Facebook http://krugman.blogs.nytimes.com/2013/02/01/moveable-feast-macroeconomics/