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They have nothing to fear but the facts themselves

February 26, 2013

Yet more evidence of the incredible unwisdom of European economic policy

Paul Krugman presents: Paul De Grauwe and the Rehn of Terror

“Nobody has taught me as much about the euro crisis as Paul De Grauwe, who brought to the fore a crucial point almost everyone was overlooking: the importance of self-fulfilling debt panics in countries that no longer have their own currencies. Now he has a new paper with Yuemei Ji following up on that insight, and offering yet more evidence of the incredible unwisdom of European economic policy.” –Paul Krugman

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