What Will Economists 40 Years from Now Think of Us?
March 15, 2010 at 14:53 PM EDT
When you read this you’ll see why I couldn’t resist falling off the wagon. Paul Krugman has again called for the US to pressure the Chinese to revalue the yuan. The reasoning is even more puzzling than usual: Some still argue that we must reason gently with China, not confront it. But [...]