Krugman

Archive for Krugman

The Krugman/Sumner Showdown–In Layman’s Terms

The blogosphere has been abuzz (though nothing compared to the Great Debt Debate of 2012) with activity centered on whether the year 2013 provided a good test of the economic views of Keynesians like Paul Krugman versus Market Monetarists such as Scott Sumner. These things often get bogged down in technical minutiae. In the present […]

Pile-On On Krugman

Alex Tabarrok has delivered the most crushing blows regarding Krugman’s major flip-flop on whether 2013 has any relevance for the Keynesian commentary, by bringing in Krugman’s commentary from April 2013 on why austerity in the US is just a tad less than in Europe. (This totally Kontradicts Krugman’s recent excuse that US austerity wasn’t anywhere […]

Krugman Unwittingly Confirms Scott Sumner’s Whole Point

[UPDATE below.] Free Advice readers know that if i’m Batman, then Paul Krugman is the Joker while Scott Sumner is the Riddler. (Now that I re-read that sentence, it turned out even cooler than I had imagined when I started typing it.) So this raises the question: What if Krugman ever directly attacks Sumner? Which […]

Krugman Can’t Stand People Who Switched Their Fiscal Policy Views From the Bush Years

[UPDATE below.] I’m sure most people wouldn’t have caught this, but that’s why you kids have me on the job. In trying to show everyone how intellectually dishonest Republicans are, Krugman stretches so far that he throws his back out. Follow me: In discussing a Pew poll on evolution, Krugman argued that Republicans moved their […]

Is Market Monetarism Pining for the Fjords?

Scott Sumner has a new post at EconLog saying that Keynesianism isn’t just resting (in reference to the famous Monty Python “Dead Parrot” sketch). Scott does a great job busting Mike Konczal, who earlier in 2013 had said the year would be a great test for market monetarism vs. Keynesianism. Since the Keynesian warnings about […]

Potpourri

==> I had briefly toyed with the idea of ignoring Krugman in 2014, but then I realized: You guys want me on that wall, you need me on that wall. For now: A while ago someone exclaimed with horror in the comments here that Krugman was referring to his opponents as cockroaches, and that this […]

Krugman Once Again (Unwittingly) Confirms What the Critics Warned of ObamaCare

Unfortunately I can’t find it now, but at some point in 2013 Krugman was making the argument that deep down, Republicans knew ObamaCare would actually be a good thing, and that’s why they were fighting it tooth-and-nail before implementation. For if ObamaCare actually were a disaster, Krugman continued, then it would be plain as day […]

Potpourri

==> I am going to be at the First Annual “Save Long Island” Forum in mid-January. If you buy your tickets in 2013, they are 50% off. I will be debating “Money Masters”‘ Bill Still Friday night, and there are lots of interesting speakers/performers. ==> Tucker talks teetotalling in a tux. ==> The NSA really […]