Tags: full employment

Keen, Krugman and Confusion

March 19th, 2013
in Op Ed

by Dirk Ehnts, Econoblog101 Paul Krugman and Steve Keen have a discussion on the IS/LM model.  Keen argues that Krugman misrepresents the model, then Krugman says Keen didn't read the labels.  Nevertheless they leave me confused.  It seems to me that t… more »

The Dual Mandate Trap

August 20th, 2012
in Op Ed

by EconMatters After reporting an uptick of national unemployment rate of 8.3%, it is of little surprise that the Labor Dept. said on Friday that jobless rates rose in 44 U.S. states in July, with many states showing a monthly increase in more than thr… more »