Archive for Krugman
BMS ep. 126: Keith Knight Interviews Me on Krugman’s New Book
Keith really dug in and had some good questions. Audio here, video below.
Read moreLast One I Promise: Krugman on DeLong on Murphy on Potential GDP
I’m just trying to get my ducks in a row here “among friends” before I go out into the cruel world. I think I have a very strong case so I don’t want to commit an unforced error. A few of you who have no axe to grind (such as Capt. Parker, who is outranked […]
Read moreKrugman Talking About Productive Capacity, and Demand vs. Supply Shocks, After the Crisis Struck
I am mostly making this post for bookkeeping purposes for myself, but for those of you arguing with me in the comments of my recent posts, take a look. I welcome your comments. The following posts are from Krugman, discussing other economists who were trying to defuse the calls for more stimulus, by saying the […]
Read moreActual vs. Potential (Real) GDP
So here is what the CBO/BEA now say, from 2000 through the present: Now be careful: The series for potential real GDP is quoted in 2009 dollars, whereas the real GDP series is in 2012 dollars. So to make them apples to apples I multiplied the former by 1.0639, because this calculator said that was […]
Read moreTwo Basks About Krugman
(For newcomers, on this blog we don’t “bleg” we “bask.”) #1) On Krugman’s victory lap commemorating the 10th anniversary of Lehman, he wrote: You could say that nobody could have predicted such a sustained slump. You could say that — but you would be wrong. Many people, myself included, predicted a slow recovery, because this […]
Read morePaul Krugman versus Bob Murphy and George Soros
Keith Knight sent me a copy of Krugman’s book, Conscience of a Liberal, and we went through it on his show (below). Before we went live, he mentioned that Krugman had once debated George Soros. I never knew that (or I forgot), so I’m including that video as well.
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