Real Clear Politics By Edward Conard | November 27, 2013 It has finally dawned on left-leaning economists like Paul Krugman and Larry Summers that the U.S. economy is not suffering from a temporary lull in demand but rather from a structural problem that yields slower growth from a permanently lower base. If this economic outlook is correct, and there is plenty of evidence that it is, there is little reason for Keynesian stimulus, which sacrifices long-term growth to ... Read More
