Economic theory at a glance

[Brad DeLong]

>
>Woohooo!!!!  The Lawson Doctrine!  I've always thought that
>Greenspan would go down in history as America's Nigel Lawson,
>and was wondering when someone was going to describe the US
>current a/c deficit as "benign and self-correcting"
>
>http://www.google.com/search?q=cache:www.utdt.edu/~fsturzen/current%2520_account2.pdf+lawson+doctrine+benign+self-correcting&hl=en
>
>dd
>

Surely we learn from history, at least some of the time?

Brad DeLong