Krugman

Archive for Krugman

“Paul Krugman’s Problem”

The creator of this video, Skyler Lehto, sent it to me when he first posted it, but I lost track of it on my browser and didn’t actually watch it until Danny Sanchez popped into my office (I’m at the Mises Institute for a few days) and mentioned it. This video certainly won’t convince Krugman […]

Another Bang-Up Prediction From Krugman, On Employment and the Sequester

UPDATE below. Russ Roberts reminded me of Krugman’s discussion of the sequester back in February: But the legacy of [the Bowles/Simpson deficit commission] lives on, in the form of the “sequester,” one of the worst policy ideas in our nation’s history. Here’s how it happened: Republicans engaged in unprecedented hostage-taking, threatening to push America into […]

We’re #75! We’re #75!

According to a new ranking of the “most influential economics blog,” Free Advice weighs in at #75. I couldn’t have done it without both of you. I have to say, though, that I wonder about the method used here to calculate “influence.” According to the site, they use an “input output model” to generate the […]

News Flash: The Non-Stupid CBO Proves DeLong Was Wrong

I am traveling all week and have to keep this short and sweet. Here’s a chronicle of what happened in yet another exchange of blogfire with my favorite Keynesians: ==> Brad DeLong said, “There are no signs in the pace of technological progress, in the level of investment…[or in several other factors–RPM]…to suggest that the […]

Even Krugman Doesn’t Believe Krugman on Hayek

In this post, I walked through just how absurd it was when Paul Krugman recently said “…back in the 30s nobody except Hayek would have considered his views a serious rival to those of Keynes…” What’s funny is that Krugman himself blew up that silly claim two days later, without even realizing it, in a […]

Potpourri

==> Don Boudreaux has a good discussion of the claim that Hayek is a liquidationist–not that there’s anything wrong with that. (HT2 von Pepe) ==> Pete Boettke is puzzled that the Austrians seem to be almost alone in thinking “micro” relationships are crucial to understanding macro disturbances. Me too. ==> John Carney sent me his […]

After Further Review, Yes, Krugman Is Indeed a Big Meanie

Paul Krugman lately has been seemingly intentionally going out of his way to provoke free-market economists, first by saying Milton Friedman will some day be merely “an extended footnote” in the history of economic thought, and then by saying of Friedrich Hayek: “…back in the 30s nobody except Hayek would have considered his views a […]

Potpourri

==> You may think this upcoming Mises Academy class, “Delusions of Krugman,” is taught by me, but nope. I am much kinder and gentler than Bill Anderson. ==> A good summary at Reason on the social cost of carbon. ==> When I was at the Senate testifying, OMB rep Shelanski was at the House, saying […]