Monthly Archives: May 2015

Pop Internationalism (Paul Krugman 1996)

In Pop Internationalism, Krugman defends international trade. Several ideas are put forward. The shrinking in manufacturing sectors (and its related jobs) has domestic causes, in particular the growing share of the sectors of services in the GDP. International trade with … Continue reading

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The Great Depression in Britain (1873-1896) : the Myth that Deflation Lowers Economic Growth

The problems of the Great Depression (1873-1896) have been falsely to secular declines in prices. To begin, it was not clear there were any troubles during this period and even if it was the case, they were of trivial importance. … Continue reading

Posted in Economics | Tagged