Tag Archives: Ken Rogoff

R & R are at it again.Clint BallingerAusterity in a Time of Plenty: : The “domestic default” bogeyman = More bad statistics from Reinhart & Rogoff

"We knew it all along."Project SyndicateDebt Derangement Syndrome Brad DeLong | Professor of Economics, UCAL Berkeley

The eminent Robert Skidelsky identifies three groups of economists who gave what ex post was clearly bad advice, and bad advice that mattered about fiscal policy, from 2009 on: Alberto Alesina and company with their “expansionary austerity” doctrines, Ken Rogoff and company with their “short-term-pain-for-long-run-gain” doctrines, and Ricardo Haussman and company with the “no choice but austerity” doctrines. All three groups, however, had reasons for their arguments and were thinking...