Delusion has been a way of life at the New York Times for years, so we hardly should be surprised when the editors insist that the way out of this debt crisis is for central banks and governments to throw out more debt. In my Krugman-in-Wonderland post today, I deal with the latest madness from the editorial offices of the “Newspaper of Record.”
Source link: http://archive.mises.org/18137/the-new-york-times-and-the-wonderland-of-unpayable-debt/
The New York Times and the “Wonderland” of unpayable debt
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