A must read for AP Macro teachers: Paul Krugman explains why deficit ... share 52 days ago by Jason Welker Liquidity preference, loanable funds, and Niall Ferguson (wonkish) - Paul Krugman Blog - NYTimes.com Below is the loanable funds market at its current equilibrium, according to Krugman (I is investment demand for funds, S is the supply of loanable funds): In Krugman’s words: In effect, we have an in ... Welker's Wikinomics Blog - welkerswikinomics.com/blog · 26 references |