How Krugman lost equilibrium

The IS-LM economic model favoured by Paul Krugman only works if the economy is in equilibrium. As soon as you acknowledge this isn't the case, it fails.

This article is the third piece in a four-part series. Read part one here and part two here.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles