The Great Debate© is presented by Econintersect.com to expand our understanding of various topics of interest. In a NYT Op-ed article, Nobel Laureate Professor Paul Krugman argues that there are no structural problems with employment – and that the problem is lack of demand. Steven Hansen counters. We present Professor Krugman’s opinion in its entirety, …
Tag Archives: employment
Inflation and Jobs: The Big Picture
Historical patterns show correlation of employment with inflation. If deflationary pressures continue there appear to be very poor prospects for improved employment.
Where is the Bottom for Housing? We May Not Know for Years
It could take up to six years for the national average home price to reach a bottom. More rapid growth in employment is needed to avoid a drawn out depression for housing.
Recession Is Over – Now Where Are the Jobs
Weekly economic review: The recession ended 15 months ago but employment shows no signs of significant recognition of the event. Other areas of recovery are also weak.
Econintersect Confirms Durable Goods Increase in August 2010
Durable goods orders improved in August, but at a slower rate than earlier this year.