Paul Krugman Reveals What Makes The 21st Century So Different

06/21/2013 08:33 am ET | Updated Aug 21, 2013
  • Paul Krugman The New York Times
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One lesson from recent economic troubles has been the usefulness of history. Just as the crisis was unfolding, the Harvard economists Carmen Reinhart and Kenneth Rogoff -- who unfortunately became famous for their worst work -- published a brilliant book with the sarcastic title "This Time Is Different."

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