Ep. 132 The Phillips Curve and Keynesian La-La Land: The Alleged Relationship Between Unemployment and Inflation

from  Contra Krugman

Mar 31, 2018

Krugman insists on the validity of the Phillips Curve, which purports to show an inverse relationship between unemployment and inflation, but the causal mechanism Krugman sees between them is straight out of Keynesian la-la land. Show notes for Ep. 132

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