Krugman

Archive for Krugman

Counterfactuals to the Keynesian Rescue, Once Again

On the one hand, I appreciate the fact that Neil Irwin is at least dealing with the cognitive dissonance that the blogging Keynesians have set up for themselves, with respect to the allegedly slam-dunk empirical evidence against “austerity.” He writes: This is the U.S. economy in a nutshell, as revealed in Tuesday’s news ticker: Housing […]

Potpourri

==> A cool page on meteorite strikes; just watch it. (HT2 Daniel Kuehn) ==> On the Krugman/Reinhart-Rogoff exchange, unfortunately I suspected that there might be something fishy going on with their shocked, shocked reaction to claims that they didn’t share their data. I’m not completely certain of the true situation, but this Joe Weisenthal gloating […]

Potpourri

==> I realize this is childish, but these naughty K-Mart commercials (here and here) made me chuckle. (Thanks to Sam T.) ==> The CBO came out with a report last week, which many will think makes a slam-dunk case for a carbon tax. But using the very same CBO report, I can show how dubious […]

Keynesian Civil War on CBO Report

[UPDATE below.] Paul Krugman, May 20: Where Are the Deficit Celebrations? For three years and more Beltway politics has been all about the deficit. Urgent action was needed to avert crisis. A Grand Bargain absolutely had to be reached. Fix the Debt, now now now! So where are the celebrations now that the debt issue […]

Krugman: Government Policy Has Always Been at War With the Deficit Scolds

At this point I have whiplash from reading Paul Krugman’s blog. I am swamped with stuff so I won’t document the below claims with links; perhaps I’ll come back and do it for posterity. In any event, for the last several years, Krugman has been complaining: (1) Europe and the US are engaged in “unprecedented” […]

Relax, Everyone, Krugman Sees No “Signature” of an Asset Bubble

In a recent post Krugman wrote: Antonio Fatas is annoyed at Gillian Tett, who talks to the I-see-bubbles crowd and assumes that they have The Truth — namely, that those crazy central banks are flooding the world with liquidity, driving asset prices to crazy levels, and it will all end in terrible grief. Pretty much […]

The IRS Scandal

Help me out here. The only reason this IRS scandal has any traction, is that the IRS itself admitted it had targeted Tea Party and other groups. There were lots of conservative types complaining about special scrutiny before, and nobody cared. So why did the IRS come forth with this? And doesn’t it seem weird […]

“In the Long Run, People Will Assess You Based on Policy Preferences”

I’m not even going to bother digging up links (here’s a Mario Rizzo discussion, you can follow him to Krugman et al.), but in the blogosphere recently there was a discussion about what idiots/liars people were, who used John Maynard Keynes’ famous line, “In the long run, we’re all dead,” to suggest that Keynes’ policy […]