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My Open Letter to Paul Krugman: Spend ALL of Your Income!


As one who loves consistency, I have urged Paul Krugman in my Krugman-in-Wonderland post today to be consistent with what he preaches and spend all of his income. If he wants to “invest” or “save,” he can buy government bonds, since the government is spending everything it gets these days.

Bill Anderson is a professor of economics at Frostburg State University in Frostburg, Maryland.

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