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Krugman looking back at the experience of Japan since 1987, and the experience of the U.S. and Europe since 2008

10/30/2014

Krugman says U.S. and EU policies since 2008 have resulted in deeper economic problems than that faced by Japan. Jobless situation in the EU and the U.S. is much worse than Japan has experienced. He says he and Bernanke were wrong in their assessment of Japan's policies, when considering the way policymakers in Sweden, Germany and the U.S. have tackled the economic situation.

Grouped Articles

Apologizing to Japan

New York Times 10.30.2014


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