This week, the 2008 Nobel laureate, Paul Krugman, has been delivering the Lionel Robbins Memorial Lecture at the London School of Economics. The title of the lectures is The Return of Depression Economics, the same as his classic 1999 work. It is essentially an application of the ideas developed in that work applied to the current crisis, but with many new and updated insights.
Though quite lengthy (the three lectures are about four hours in total), these lectures present an exceptionally clear view of where we are and what we need to do to move forward. Whether or not you agree with Krugman, the lectures are an excellent starting point for an examination of our economic predicament.
Videos can be found here and audio here.
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