Why Economics Failed (経済学が失敗しちゃったわけ) Paul Krugman NYT:MAY 1, 2014On Wednesday, I wrapped up the class I've been teaching all semester: "The Great Recession: Causes and Consequences." (Slides for the lectures are available via my blog.) And while teaching the course was fun, I found myself turning at the end to an agonizing question: Why, at the moment it was most needed and could have done the mos