New York Times: 2 Top Economists Differ Sharply on Risk of Deflation
August 5, 2010
When the latest unemployment figures are announced on Friday, all of Wall Street will be watching. But for Richard Berner of Morgan Stanley and Jan Hatzius of Goldman Sachs, the results will be more than just another marker in an avalanche of data.
Instead, the numbers will be a clue as to which of the two economists is right about where the American economy is headed. Their sharp disagreement over that question adds yet another twist to the fierce rivalry between the firms, Wall Street’s version of the New York Yankees and the Boston Red Sox… http://www.nytimes.com/2010/08/06/business/economy/06deflation.html?src=un&feedurl=http://json8.nytimes.com/pages/business/economy/index.jsonp
20100805 NYT 2 Top Economists Differ Sharply on Risk of Deflation
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