KRUGMAN: BAD MOON RISING
With cold, methodical clairvoyance, Paul Krugman has been chronicling our descent through subprime madness, into recession, into crisis, liquidity trap, and into the green shoots on the other side. He applauded Ben Bernanke‘s firmness and leadership in 2008, and warned very early in 2009 that the stimulus wasn’t large enough to do the job, that …