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Krugman Loves Keynes: Will More Debt Produce Economic Prosperity?

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Uploaded on Jan 5, 2012

Paul Krugman of "The New York Times" expressed his undying love for deficit spending and Keynesian economics. Krugman seems to argue that public debt is irrelevant and does not need to repaid. Is he right, and does the health of the economy turn on increased spending and debt?

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