Archive for Krugman
Potpourri
* “Stuff” that libertarians say (HT2 Tyler Cowen). Some made me chuckle. * Glenn Greenwald on Leon Panetta’s confirmation (not in so many words) that yes, Barack Obama is Emperor Palpatine. * Speaking of which, did you actually read the details of what happened to those British tourists who were tweeting jokes about digging up [...]
Read moreIrony Alert
I was reading my favorite Keynesian’s blog today, and happened to glance at the right side, where it has links to his actual NYT columns. Here were the blurbs for his second- and third-most recent ones: Taxes at the Top By PAUL KRUGMAN As Mitt Romney dances around calls for him to release his tax [...]
Read moreKrugman and Kuehn Take Me to the Woodshed on the 1920-1921 Depression
I have all sorts of sarcastic wise-alecky things I could say, but let me just play the straight man on this one. On Sunday Krugman had a quick post titled “Harding” in which he alluded to unnamed gnats who kept repeating that the 1920-1921 experience showed the success of austerity policies. Krugman at that time [...]
Read moreKrugman Almost Renders Landsburg and Me Speechless
On the issue of corporate taxation, Steve Landsburg recently declared that Krugman had rendered him “at a loss for words.” (Although I should add, Steve managed to find 543 words to put in his post.) In this post, Steve wrote: But if his point is that you must claim a share of those profits in [...]
Read morePaul Krugman’s Been Hanging Around in Bars
…though we have no proof that he puts on women’s clothing. Some of you may recall that in May 2011, Chicago economist Casey Mulligan wrote a critique of New Keynesian economics. He wrote: Our labor market has long-term problems that are not addressed by Keynesian economic theory. New Keynesian economics is built on the assumption [...]
Read moreThese Keynesians Make a Lot of Sense…
Sorry I’ve been so sparse with the blogging, but I was traveling most of last week, and now I have to dig out of a “day job” hole. I am wondering if this is what insanity feels like, because lately I’ve been agreeing with the Keynesian side of internet arguments. The first one centers on [...]
Read moreMy Name’s Bob, and I Have a Debt Addiction Problem
I see my Team Leader has retreated back to his monastery in the snowy mountains up north, to resume his meditations and emerge again only when disaster strikes and all hope seems lost. By the same token, I seriously have a bunch of work I have been neglecting because of all this, so I must [...]
Read moreDebt Financing of Present Transfer Payments: May I Have Another, Sir?
[Note: I'm going to focus on Daniel Kuehn here, because this issue again sheds more light on all this stuff. I realize that we are all still not seeing what each person brings to the table in this debate.] Ahh, now (I think) I finally get why Daniel Kuehn didn’t accept my wager: It’s not [...]
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