A Fascinating Debate in the Macro Blogosphere
Jared Bernstein | On the Economy  |   April 2nd, 2015

The macro blogosphere is on fire, as Bernanke, Summers, and Krugman are having a fascinating discussion that starts with secular stagnation (persistently weak demand, even in expansions), adds a strong dose of international trade with an emphasis on the Bernanke savings glut observations, and thus speaks to a lot of what we think about here at OTE.

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