The Economic Argument Is Over — Paul Krugman Has Won

Reblogged from Business Insider: To Read more: http://www.businessinsider.com/paul-krugman-is-right-2013-4#ixzz2RPvVxsHu

For the past five years, a fierce war of words and policies has been fought in America and other economically challenged countries around the world.

On one side were economists and politicians who wanted to increase government spending to offset weakness in the private sector. This “stimulus” spending, economists like Paul Krugman argued, would help reduce unemployment and Continue reading →