Krugman

Archive for Krugman

How Low Does Krugman Have to Go…

…before his Keynesian colleagues abandon him? In a recent post Krugman writes: Mark Thoma catches Kevin Hassett playing for Team Republican; really, no surprise. But Mark’s catch has me thinking: what, if anything, would make reasonable, moderate conservative intellectuals accept that the GOP no longer offers them a home? For such people do exist — […]

I Might Apply for the New York Times

I came across this stuff on Facebook. The guy in the Cato/Koch stuff who thought highly of President G.W. Bush responded to Krugman’s recent criticism, and pointed to this very interesting Luskin post from early 2005: It’s a catfight on West 43rd Street! Former New York Times “public editor” Daniel Okrent is clawing out the […]

Krugman Admits He Doesn’t Understand Econ 101 201

I know this is a standard ploy–to decry your opponent not understanding undergrad economics–but how else can we interpret this recent statement from Krugman? 1. Even in microeconomics, we don’t insist on using models built up from maximizing behavior all the time. Exhibit A: supply and demand! I mean, we kind of know how something […]

Potpourri

* “Stuff” that libertarians say (HT2 Tyler Cowen). Some made me chuckle. * Glenn Greenwald on Leon Panetta’s confirmation (not in so many words) that yes, Barack Obama is Emperor Palpatine. * Speaking of which, did you actually read the details of what happened to those British tourists who were tweeting jokes about digging up […]

Irony Alert

I was reading my favorite Keynesian’s blog today, and happened to glance at the right side, where it has links to his actual NYT columns. Here were the blurbs for his second- and third-most recent ones: Taxes at the Top By PAUL KRUGMAN As Mitt Romney dances around calls for him to release his tax […]

Krugman and Kuehn Take Me to the Woodshed on the 1920-1921 Depression

I have all sorts of sarcastic wise-alecky things I could say, but let me just play the straight man on this one. On Sunday Krugman had a quick post titled “Harding” in which he alluded to unnamed gnats who kept repeating that the 1920-1921 experience showed the success of austerity policies. Krugman at that time […]

Krugman Almost Renders Landsburg and Me Speechless

On the issue of corporate taxation, Steve Landsburg recently declared that Krugman had rendered him “at a loss for words.” (Although I should add, Steve managed to find 543 words to put in his post.) In this post, Steve wrote: But if his point is that you must claim a share of those profits in […]

Paul Krugman’s Been Hanging Around in Bars

…though we have no proof that he puts on women’s clothing. Some of you may recall that in May 2011, Chicago economist Casey Mulligan wrote a critique of New Keynesian economics. He wrote: Our labor market has long-term problems that are not addressed by Keynesian economic theory. New Keynesian economics is built on the assumption […]