The Gatekeeper
Adam Tooze: Krugman’s Conversion, 22 April 2021
Arguing with Zombies: Economics, Politics and the Fight for a Better Future
by Paul Krugman.
Norton, 444 pp., £13.99, February,978 0 393 54132 8 Show More
by Paul Krugman.
Norton, 444 pp., £13.99, February,
“... to explain the emergence of clusters of industrial specialisation which could in turn drive international trade, not as a result of natural comparative advantage, in growing bananas for example, but in manufacturing high-end products such as German-badged motor cars. It was theoretically elegant and it explained why, in the golden age of economic growth ... ”