Assorted Links

  • Krugman takes on Raghuram Rajan and says govt agencies/policies did not lead to the crisis 
  • Krugman again emphasises US/UK debt is not a problem
  • Gulzar says tax cuts will not help
  • Cowen says Germany is safe
  • WSJ Blog says most don’t expect Fed to hike rates anytime soon. Mankiw points to another article saying the same
  • Inflation in UK has remained above target for a while now. Stephanomics discusses whether Bank of Engalnd needs to worry
  • FRB Atlanta’s Macroblog looks at previous recessions and analyses the linages between employment and growth

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