In 1994 Paul Krugman wrote an article in Foreign Affairs that questioned the idea of the “Asian Economic Miracle.” Krugman simplified that argument made by Alwyn Young and others that the economic growth in Southeast Asia was driven by capital investment and increased labor force participation and NOT by total factor productivity. What this means [...]
Entries from August 2009
Do You Trust the Numbers?
August 11th, 2009 · Filed under: Economic Meltdown · Finance
Posted by Michael Brandl
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Professor Michael Brandl, an economist at the McCombs School of Business at The University of Texas at Austin, discusses current economic issues with his former students and those who might be interested in partaking in the conversation. See his 