Who were good enough to understand that something would go wrong eventually ? Paul Krugman and James K. Galbraith are arguing.
– PDF-ed original version of the long discussion by JKG, published in the Fall 2009 issue of Thought & Action : Who Are These Economists, anyway ?
– Version française de la réponse de JKG, avec utile mise en perspective et l’indispensable rubrique « Pour aller plus loin » grâce à la Vie des Idées : Mais qui sont donc ces économistes ? Retour sur ceux qui avaient donné l’alarme sans être entendus.
More of it, courtesy of La Vie des Idées :
– PK’s original paper, The New York Times, 20090902.
– Gilles Raveaud’s review (in french), L’économie politique, 20090904.
– Barry Eichengreen’s view, The National interest, 20090430.
– Martin Baily’s comment, Brookings, 20090908.
– The Economist in July 2009 (subscription access) : Editorial | The survey | Later reply by Robert Lucas.
– (…).
& :
– JKG’s webpage (Univ. of Texas, US) + PK’s blog (New York Times, US).
– WebOL’s Meanings of a crisis | La crise bancaire pour les nuls (Bank crisis for Dummies) | Financial hurricane.