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Paul Krugman and Roger Farmer on Sticky Wages

I was pleasantly surprised last Friday to see that Paul Krugman took favorable notice of my post about sticky wages, but also registering some disagreement. [Glasner] is partially right in suggesting...

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What Does “Keynesian” Mean?

Last week Simon Wren-Lewis wrote a really interesting post on his blog trying to find the right labels with which to identify macroeconomists. Simon, rather disarmingly, starts by admitting the...

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Price Stickiness Is a Symptom not a Cause

In my recent post about Nick Rowe and the law of reflux, I mentioned in passing that I might write a post soon about price stickiness. The reason that I thought it would be worthwhile writing again...

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More on Sticky Wages

It’s been over four and a half years since I wrote my second most popular post on this blog (“Why are Wages Sticky?”). Although the post was linked to and discussed by Paul Krugman (which is almost...

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