Paul Krugman's praise of the IS-LM model as a way to harmonise two seemingly incompatible views about what determines interest rates, involves its own irreconcilable logic. 8 Mar 2013 8:34 AM
Source: http://www.businessspectator.com.au/bs.nsf/Article/Paul-Krugman-IS-LM-economics-markets-liquidity-pd20130308-5KRFA?opendocument&src=rss
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