I hope Paul Krugman will move on to a 21st century understanding of banking.Economonitor — Great Leap Forward
Krugman Rediscovers the Wheel: Commercial Banks As Creators of Money
L. Randall Wray | Professor of Economics, UMKC
Tuesday, August 27, 2013
Randy Wray — Krugman Rediscovers the Wheel: Commercial Banks As Creators of Money
Krugman Rediscovers the Wheel: Commercial Banks As Creators of Money
L. Randall Wray | Professor of Economics, UMKC
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2 comments:
Well, he's made it to 1933. Only 80 years of catching up to do!
sounds like more of a Friedman bootlicker that ever
http://en.wikipedia.org/wiki/John_Kenneth_Galbraith#Criticism_of_Galbraith.27s_work
and an elitist Libertarian at heart
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