Krugman

Archive for Krugman

Potpourri

==> Oh boy, here we go again, flirting with the event horizon in economics known as capital & interest theory. If I were an academic, puffing on my pipe and flaunting a tweed sportcoat, I could really get into this. As it is, you will have to content yourself with my comments in Nick Rowe’s […]

Paul Krugman: “We Have Always Been at War With a Bloated Housing Sector”

Usually I’m pretty good at seeing how Krugman isn’t actually contradicting himself, but instead is engaging in mere Kontradiction–where he twists the dials on something that could plausibly go either way, in order to always come down on the side of more government activism on an issue. It’s not that his decision to turn the […]

Two Views on Government Loan Guarantees

Somebody once observed that if you laid all the economists end to end, they wouldn’t reach a conclusion. We see this stereotype epitomized when it comes to government loan guarantees. Back on May 12, an economist who was quite a fan of the program wrote this about the DOE’s loan guarantees for renewable energy projects, […]

Potpourri

Some of these have been sitting on my browser for so long, they started paying rent… FORGOT IN INITIAL POST: This YouTube video of Superman vs. the Hulk is hilarious. I’m not talking about the video itself, which you don’t even need to watch. I’m talking about the comments. I scrolled through five pages of […]

More Charting Fun With Krugman–Job Creation Edition

What I mean by the title, is that I have a menial task for some plucky Free Advice fan. In this post from May 3, Krugman was arguing that there was no correlation between the size of government pre-crisis and how it did during/after the crisis. He posted this chart: In reference to the above, […]

Laffer vs. Krugman

My former employer Arthur Laffer will be on Bill Maher’s show with my future employee* Paul Krugman on Friday, May 25. I have sent Dr. Laffer material to prepare him for possible Krugman attacks. I have sent no such material to Dr. Krugman. I don’t even have a TV, so if anyone wants to risk […]

Murphy Twin Spin Krugman Kracking

Ah, the best birthday present a boy could hope for! As a pure coincidence, my independent critiques of Krugman run on the same day. In this piece at Mises.org, I take on Krugman’s recent thoughts on the Fed and employment data. An excerpt: Steve Horwitz does a good job explaining why Krugman’s understanding of US […]

Dog Bites Man! or, Another Klassic Krugman Kontradiction on Keynesianism

A few days ago I began to doubt myself and said that after my two Krugman pieces ran this week in different outlets (still forthcoming), I would move on to greener pastures. I had become weary of pointing out every time Krugman pulled a rhetorical sleight of hand (often while yelling at what a bunch […]