Merijn Knibbe — Rogoff on Wolf. Some comments or: empowering households made all the difference

In a very readable and insightful review of the new Martin Wolf book (which I haven’t read yet) Kenneth Rogoff plays the revolutionary card:’Let’s get rid of these debts, we’ve got nothing to lose than a deflationary chain of events’. This puts him, in a Eurozone perspective, in the radical left corner of politics (and it’s kind of ironic that he accuses text-book economists like Krugman of being ´hard-left´…).

Real-World Economics Review Blog Rogoff on Wolf. Some comments or: empowering households made all the difference Merijn Knibbe