Guest blog from Economics Editor Peter Coy
Paul Krugman accuses the news media of ignoring economists who favor more fiscal stimulus. In his post today, he says they’re being treated like “unpersons.” Unperson is a term from George Orwell’s Nineteen Eighty-Four for people erased from the history books by the totalitarian state. So it’s a bit strong. But, hey, we get his point.
Krugman provides a handy link to a constantly updated list of economists who favor another round of stimulus (a “third” stimulus, if you count the Bush Administration’s last year as the first).
I don’t think BusinessWeek can be accused of doublethink on this issue—witness yesterday’s post on this very blog.