Rise of the celebrity economist
Markets are as unstable as during any point in American history -- and a select few have found a way to capitalize
Sunday, Oct 7, 2012 1:00 PM UTC 11Elections Financial Crisis
Gillian Terzis
Elections Financial Crisis
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Paul Krugman’s right: Austerity kills. "In an economy where we’re all in the same boat, one person’s spending is another person’s income. So when the government cuts spending, it reduces people’s income, leading to less business, more unemployment, and a vicious spiral of slowing down the economy."
277 points278 points279 points | 247 comments
277 points278 points279 points | 247 comments
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