Quarterly Journal of Austrian Economics

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Post-Modern Economics: The Return of Depression Economics by Paul Krugman

  • The Quarterly Journal of Austrian Economics

Tags Booms and BustsBusiness Cycles

07/30/2014Shawn Ritenour

Volume 3, No. 1 (Spring 2000)


While damning the free market with the faintest of praise, Krugman’s book provides us with an excellent example of why it is so important to get the analysis right before prescribing policy solutions for an economic problem. In Krugman’s case, bad analysis leads to bad policy recommendations. 

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