Archive for Krugman

These Keynesians Make a Lot of Sense…

Sorry I’ve been so sparse with the blogging, but I was traveling most of last week, and now I have to dig out of a “day job” hole. I am wondering if this is what insanity feels like, because lately I’ve been agreeing with the Keynesian side of internet arguments. The first one centers on […]

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My Name’s Bob, and I Have a Debt Addiction Problem

I see my Team Leader has retreated back to his monastery in the snowy mountains up north, to resume his meditations and emerge again only when disaster strikes and all hope seems lost. By the same token, I seriously have a bunch of work I have been neglecting because of all this, so I must […]

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Debt Financing of Present Transfer Payments: May I Have Another, Sir?

[Note: I’m going to focus on Daniel Kuehn here, because this issue again sheds more light on all this stuff. I realize that we are all still not seeing what each person brings to the table in this debate.] Ahh, now (I think) I finally get why Daniel Kuehn didn’t accept my wager: It’s not […]

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The Economist Zone

Don’t worry everyone, all that stuff about government debt and future generations is out of my system. After several colleagues have told me repeatedly that I am being obtuse on this, I realize that I’m not cut out for economics and commentary on public policy. Instead, I’ll turn to writing for TV. I have an […]

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The Arrogant American Makes a Wager on the Debt Stuff

After spending yet another hour of my life trying to enlighten those of you who still don’t see the debt stuff, what do I get? Gene Callahan still “explaining” why I’m wrong by claiming things about my model that aren’t true. And, as a special treat, here was the first comment by Daniel Kuehn after […]

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Future Generations Will Be Indebted to Me for the Clarity of This Exposition

OK my piece de resistance. I’m going to post this on Facebook, so let me start from scratch: I am responding to Paul Krugman’s recent claims on why the standard political debate on the government debt is totally wrong-headed. (For a good summary of his position, see this NYT piece.) Specifically, Krugman conceded that if […]

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Murphy Watching Out for Freedom Tonight

Just finished taping with the Judge. Topic: Paul Krugman and “we owe the debt to ourselves.” Since some of you seem unmoved by crystal clear counterexamples, perhaps my soundbite on Fox will move you.

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Another Debt Installment

OK I think I’ve come up with even more obvious ways to make the point. (If you are stumbling on this as an innocent newcomer, see this post and its link to get up to speed.) Before I do so, I want to be clear on what I’m trying to prove: Paul Krugman and others […]

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