Editors' Blog

Bloice's Quote of the Day : Paul Krugman

Quote of the DayNovember 12, 2012''I don't know how seriously to take the buzz aboutappointing Erskine Bowles to replace TimothyGeithner.

Krugman on Bernanke

Krugman takes Bernanke to task for a) too little buying of long term assets (thus lowering long term interest rates); and b) not setting a higher inflation target (encouraging corporations to NOT sit on their money)--both policies Bernanke as professor argued were necessary tools to fight depression.

Paul Krugman's "Lobbyists, Guns and Money"

via the New York Times