Thursday, January 24, 2013

Krugman Prize Lecture

Here. For those of you who never heard it.

One of the more interesting discussions is his take on how we might be actually moving away from a Smithian world and back to a more Ricardian world (not that these are mutually exclusive - meaning of course that the processes Ricardo highlighted seem to be starting to dominate the processes that Smith highlighted, which of course are the same processes that Krugman highlights).

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