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cthulu2016

(10,960 posts)
11. He is always right about the liquidity trap, but
Fri May 25, 2012, 11:19 AM
May 2012

has not always been right about everything throughout his career.

Krugman has his critics for some of his views on trade and regulation in the 1990s, but his understanding of the current lesser-depression, which stems from his work on the Japanese lost decade, has been peerless.

Also, people learn things. Bush II radicalized Krugman in an intellectually productive way.

I would say he has been more right about things since about 2004 than any other public figure.

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