More on Inflation

Does anyone know Roosevelt's famous joke about the one handed economists? Well, the web has offered us a real flood of one handed economists - the problem is, some of the have a left hand and some a right. Yesterday Iposted about Krugman's view on inflation. And now...

http://people.brandeis.edu/~cecchett/pdf/inf_current.htm

Conservative Economist Greg Mankiw direct us to this "exchange", and he weighs in against Krugman.

http://gregmankiw.blogspot.com/2006/06/on-forecasting-inflation.html

I'm no economist, but Mankiw sounds like he knows what he's talking about. Waiting for Krugman's response...