Thanks to the Scrivener for this link to Greg Mankiw's demolition of the Krugman-Baker-DeLong paper remarked on here.
While Scrivener's own contribution is devastating enough, the FLUBA Committee on Self Esteem can't help but be pleased to find yet another former adviser to the President of the United States largely agreeing with us, that given the changing demographics certain to hit the United States this century, it is unlikely the current patterns of investment will continue.
Saturday, April 02, 2005
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