{"id":523,"date":"2013-10-28T21:52:13","date_gmt":"2013-10-29T04:52:13","guid":{"rendered":"http:\/\/www.halepassage.org\/?p=523"},"modified":"2013-10-28T21:52:13","modified_gmt":"2013-10-29T04:52:13","slug":"the-economics-of-rip-van-winkle-nytimes-com","status":"publish","type":"post","link":"http:\/\/www.halepassage.org\/?p=523","title":{"rendered":"The Economics of Rip Van Winkle &#8211; NYTimes.com"},"content":{"rendered":"<p>Binyamin Applebaum\u00e2\u20ac\u2122s piece on the growing acknowledgment that moderate inflation can help, especially under current circumstances. But I can\u00e2\u20ac\u2122t help thinking, only now they notice? I mean, this was all worked out and carefully explained <a href=\"http:\/\/www.brookings.edu\/~\/media\/projects\/bpea\/1998%202\/1998b_bpea_krugman_dominquez_rogoff.pdf\">fifteen years ago.<\/a><\/p>\n<p>Oh, and the hard thing now is how you get inflation when we\u00e2\u20ac\u2122re already at the zero lower bound. You really want this tied to expansionary fiscal policy, not austerity.<\/p>\n<p>Still, any intellectual forward motion is welcome.<\/p>\n<p>via <a href=\"http:\/\/krugman.blogs.nytimes.com\/2013\/10\/27\/the-economics-of-rip-van-winkle\/\">The Economics of Rip Van Winkle &#8211; NYTimes.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Binyamin Applebaum\u00e2\u20ac\u2122s piece on the growing acknowledgment that moderate inflation can help, especially under current circumstances. But I can\u00e2\u20ac\u2122t help thinking, only now they notice? I mean, this was all worked out and carefully explained fifteen years ago. Oh, and &hellip; <a href=\"http:\/\/www.halepassage.org\/?p=523\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-523","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"http:\/\/www.halepassage.org\/index.php?rest_route=\/wp\/v2\/posts\/523","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.halepassage.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.halepassage.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.halepassage.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.halepassage.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=523"}],"version-history":[{"count":0,"href":"http:\/\/www.halepassage.org\/index.php?rest_route=\/wp\/v2\/posts\/523\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.halepassage.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=523"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.halepassage.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=523"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.halepassage.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=523"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}