tag:blogger.com,1999:blog-2098432983500045934.post4891008075421162939..comments2024-03-12T22:19:32.339-04:00Comments on The New Arthurian Economics: The Cost that Crippled GrowthThe Arthurianhttp://www.blogger.com/profile/16501331051089400601noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-2098432983500045934.post-73922678224133741412010-10-01T12:21:15.939-04:002010-10-01T12:21:15.939-04:00For Krugman, the shift in the "natural" ...For Krugman, the shift in the "natural" rate of unemployment, the shift that occurred in the early 1970s (by Krugman's own dates), from which we have not yet recovered, and which may even be getting worse -- this shift Krugman sees as a "temporary" change.<br /><br />What would it take for him to see it as a permanent and worsening condition? The end of civilization?? Oh, no, wait -- Even the Dark Age was temporary.<br /><br />C'mon, Krugman! You can do better.<br /><br />ArtThe Arthurianhttps://www.blogger.com/profile/16501331051089400601noreply@blogger.com