Casey Mulligan suggested in The Economists' Voice that this recession was caused by "something [that] made real wages high and employment low." This coincides with his own view of the causes of the Great Depression. The similarity inevitably brings back General-Theory-Keynes, according to Da Silva, and justifies the suspicion of some salt water economists that Mulligan is blaming both downturns on laziness.
Ed. by Cragg, Michael / Edlin, Aaron S. / Jaffee, Dwight / Stiglitz, Joseph / Zwiebel, Jeffrey
1 Issue per year
Issues
Volume 9 (2012)
Volume 8 (2011)
Volume 7 (2010)
Volume 6 (2009)
Volume 5 (2008)
Volume 4 (2007)
Volume 3 (2006)
Volume 2 (2005)
Volume 1 (2004)
Most Downloaded Articles
- Occupy Wall Street and the Political Economy of Inequality by Dube, Arindrajit and Kaplan, Ethan
- The Cost of Job Loss in the Great Recession: How Bad Has it Been? by Farber, Henry S.
- Stimulating the Economy in an Era of Debt and Deficit by Stiglitz, Joseph E.
- The Gender Pay Gap by Blau, Francine D and Kahn, Lawrence M
- Investment Banking Regulation After Bear Stearns by Jaffee, Dwight M. and Perlow, Mark
Comment on Casey Mulligan: Keynes in Both Fresh and Salt Water
Sergio Da Silva
1Federal University of Santa Catarina, Brazil
Citation Information: The Economists' Voice. Volume 7, Issue 2, Pages –, ISSN (Online) 1553-3832, DOI: 10.2202/1553-3832.1734, March 2010
Publication History:
- Published Online:
- 2010-03-29
Comments (0)