Well, if it happens the Japanese obviously.
But would you consider it a victory for Krugman or Sumner, and why?
One way to call it would be as a "policy victory" for Krugman, a "target victory" for Sumner, and a "theory victory" for both New Keynesians and monetarists (less so for Old Keynesians but they're either dead or harmless blackboard stick figures at this point).
The rule of law and religion
13 hours ago