Comment on Casey Mulligan: Keynes in Both Fresh and Salt Water
Sergio Da Silva
The Economists' Voice, 2010, vol. 7, issue 2, 2
Abstract:
Casey Mulligan suggested in The Economists' Voice that this recession was caused by "something [that] made real wages high and employment low." This coincides with his own view of the causes of the Great Depression. The similarity inevitably brings back General-Theory-Keynes, according to Da Silva, and justifies the suspicion of some salt water economists that Mulligan is blaming both downturns on laziness.
Date: 2010
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DOI: 10.2202/1553-3832.1734
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