Driven by the welfare state and inequality

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Compare and contrast Krugman’s thoughts on unemployment (as driven by the welfare state and inequality) and Sargent’s assessment of the Reagan administration’s policies on these same measures. That is to say, if we took the critical of ideas from Krugman how might we implement them in the scenario Sargent analyzed to get a deeper, more detailed analysis?

Reference no: EM131239688

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