Another Krugman Kontradiction?

Free Advice reader Matt Flipago tips us off to this Paul Krugman appearance on the Colbert Report. Start it around the 4:00 mark, and you will see Krugman explicitly say that the Great Depression was ended by the federal jobs bill public works program known as World War II. The Colbert Report Mon – Thurs […]

Read more

Krugman and the 1930s: One Step Forward, One Step Back

In his recent NYT op ed Krugman reaches a new low in his distortion of the 1930s: We are now, I fear, in the early stages of a third depression. It will probably look more like the Long Depression than the much more severe Great Depression. But the cost — to the world economy and, […]

Read more

It Takes Time for Things to Sink In, Even in the Geeconosphere

Paul Krugman is a moody bully, lashing out at people who mispronounce his name. (I’m not saying he officially gives that as the reason, but I really do think he starts blowing people up on his blog after they mispronounce his name.) Greg Mankiw, on the other hand, is far more subtle. Ever since it […]

Read more