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The Perversion of Fiscal Policy (Slightly Wonkish)

[unable to retrieve full-text content]Austerity in a slump, stimulus in a boom.

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Austerity in a slump, stimulus in a boom.
Paul Krugman
Paul Robin Krugman (born February 28, 1953) is an American economist, Distinguished Professor of Economics at the Graduate Center of the City University of New York, and an op-ed columnist for The New York Times. In 2008, Krugman won the Nobel Memorial Prize in Economic Sciences for his contributions to New Trade Theory and New Economic Geography.

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