Nobel Prize-winning economist Paul Krugman and Niall Ferguson, author of ?The Ascent of Money: A Financial History of the World,? clashed anew today over how to revive the U.S. economy.
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Nobel Prize-winning economist Paul Krugman and Niall Ferguson, author of “The Ascent of Money: A Financial History of the World,” clashed anew today over how to revive the U.S. economy.
Krugman, 57, a Princeton University professor, is urging the Obama administration to undertake a second round of fiscal stimulus, while Harvard University historian Ferguson, 46, warns such a course may trigger a “debt spiral” in the world’s biggest economy.
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