There is a buzz on the econoblogosphere about the debate about secular stagnation between Ben Bernanke, Larry Summers and Paul Krugman. Jared Bernstein breathlessly sums up the excitement: "we've made important diagnostic progress here by bringing the international dimension... into the discussion."
You mean to tell me that up to now economists have left out the international dimension? -- Cheers, Tom Walker (Sandwichman)
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