Krugman

Archive for Krugman

But the Progressives Told Us Abenomics Would Be Good for Japan

Chris S. gave me the idea for my latest post at Mises Canada, by pointing out that Japan’s Cabinet just approved another “stimulus” package to help its faltering economic recovery. Chris reminded me that earlier in the year Krugman had held up Japan’s “Abenomics” as a model for US deficit hawks to follow. As I […]

A Bit of Silliness

Something is really screwy with all of this cryptocurrency discussion. I feel as if a bunch of academics are “proving” that spaceflight is impossible. To take but one example, Tyler Cowen has a long post saying that Bitcoin will collapse in price, where his argument seems to rely on one (or both) of the following […]

Paul Krugman Wants to Make Sense of Humor the Criterion

As Seinfeld would say, “I’m offended as a comedian.” Krugman now writes: Matt O’Brien makes a funny about BitCoin — and the faithful are furious. But then, they do seem to be a humor-impaired bunch. I’ve been getting rage-filled missives about the title of my last post on the subject. Folks, there’s this concept you […]

Is UPS Just as Bad as Healthcare.gov?

My latest at Mises Canada. An excerpt: Paul Krugman is no stranger to silly statements that come back to haunt him, but it has been particularly amusing to watch him twist and turn with the debacles of Healthcare.gov, the website devoted to “ObamaCare.” Krugman’s latest analogy is nothing short of hilarious, but first let’s review […]

Introduction to the TPP

My cousin has been asking me if I’m up to speed on the dangers of the Trans-Pacific Partnership (TPP). I explained to him that Paul Krugman had just declared that the TPP was no big deal, so I assumed it must be awful, but no–I didn’t really know much about it. After reading some of […]

Austrian Economists Photobomb Krugman

[UPDATE below.] Eduardo Bellani in the comments of my previous post tells us to look at the poster hanging over Krugman’s shoulder at his recent interview with Joe Weisenthal: In case people don’t recognize it, it’s clearly this poster: Looks like the folks at Mises.org are sneaking up on Krugman. Hey, I warned him not […]

Krugman on the Bubble Economy

I really like these chats Paul Krugman has with Joe Weisenthal, because you can get his news-you-can-use take on something without all the hemming and hawing, and lack of body language, from multiple blog posts. Also, Weisenthal adds to the clarification because he will make sure Krugman gets a chance to clear up any possible […]

Illustrating “the Collapse” in Government Spending

[UPDATE below.] Frequent commentator MajorFreedom linked to this, and I thought it worth highlighting. Remember, I had linked to David R. Henderson’s critique of Paul Krugman, who put up a graph–in a post titled “Unprecedented Austerity”–showing percentage changes in (a three-year average of) total government spending at all levels in the U.S. Krugman then said […]