Paul Krugman: Here's The Dirty Secret About Economic Growth

The New York Times:

The great bulk of the economic commentary you read in the papers is focused on the short run: the effects of the "fiscal cliff" on U.S. recovery, the stresses on the euro, Japan's latest attempt to break out of deflation. This focus is understandable, since one global depression can ruin your whole day. But our current travails will eventually end. What do we know about the prospects for long-run prosperity?

Read the whole story at The New York Times

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Source: http://www.huffingtonpost.com/2012/12/28/paul-krugman-future-growt_n_2375040.html

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