[lbo-talk] lbo-talk] Is Paul Krugman cribbing from Monthly Review?
michael yates
mikedjyates at msn.com
Mon Nov 18 08:23:01 PST 2013
The January 2014 Notes From the Editors in Monthly Review takes up the Krugman/Summers acceptance of the notion of secular stagnation. But it notes that the two economists ignore the problem of insufficient capital spending and its connection to the growth of oligopolistic markets, something that Hansen, Kalecki, Steindl, Baran, and Sweezy made more central to their analyses.
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