I thought Russ Roberts was a multiplier denier just for Keynes-bashing sake. This Krugman column made me realize that while he denies the upward multiplier on the policy we aren’t pursuing that would help the little people, he also has to deny the downward multiplier that is hurting the little people on the policy we are pursuing.

October 13, 2012 § Leave a comment

http://krugman.blogs.nytimes.com/2012/10/11/a-global-1937/

Austerity is just neoliberalism, folks.

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You are currently reading I thought Russ Roberts was a multiplier denier just for Keynes-bashing sake. This Krugman column made me realize that while he denies the upward multiplier on the policy we aren’t pursuing that would help the little people, he also has to deny the downward multiplier that is hurting the little people on the policy we are pursuing. at - Invisible Backhand -.

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