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| Paul Krugman | |
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| Tweet Topic Started: Mar 5 2013, 05:10 AM (419 Views) | |
| Berton | Mar 5 2013, 05:10 AM Post #1 |
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Thunder Fan
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How did Paul Krugman get it so Wrong? |
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| Mountainrivers | Mar 5 2013, 05:47 AM Post #2 |
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Fire & Ice Senior Diplomat
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You can read a response to Cochrane's article by an Austrian economist here. Don't believe everything you read. This guy doesn't even like Krugman. "There was quite a bit in Cochrane’s response that should alarm an Austrian economist, and in fact his views are arguably more dangerous to the Austrian alternative than Krugman. After all, all Krugman did was ignore us. But Cochrane ignored us and defended himself from Krugman in a way that “proves” Austrian economics is a collection of second-rate ideas. I don’t see how any Austrian economist can overlook all of that, just because he likes Cochrane’s conclusions that “Keynesian economics is awful” and “Paul Krugman is a jerk,” true those conclusions may be. In this brief essay I’ll quote from Cohrane and show how his ostensible attack on Krugman actually takes down Austrian economics as collateral damage." here |
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| Brewster | Mar 5 2013, 05:48 AM Post #3 |
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Fire & Ice Senior Diplomat
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Since its well known now that the problem at the time was too little oversight on the banks, and your article claims the banks were excessively regulated, your whole article fails the first test I gave it, and there is no reason to suspect it would do any better if I read deeper. MR's article is even more devastating. No need to look any further. Why do you post this sort of junk? Edited by Brewster, Mar 5 2013, 05:50 AM.
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| Berton | Mar 5 2013, 08:33 AM Post #4 |
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To quote from your link: "for the most part the people on “my side” have high-fived Cochrane for kicking sand in Krugman’s face." and "Don’t get me wrong–I think Krugman is completely wrong (bordering on “insane” if that word is to have any meaning in reference to academics) in his views." Perhaps you should listen to "the most part" instead of a person who obviously has a hate thing going for Cochrane. Edited by Berton, Mar 5 2013, 08:45 AM.
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| Brewster | Mar 5 2013, 11:06 AM Post #5 |
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Fire & Ice Senior Diplomat
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Bertie, you're hilarious! If we point out a source is Right-Wing biased, then you accuse us of attacking the messenger, not addressing the facts. If we present an article that attacks the facts, then you say our site is biased. You can't have it both ways...
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| Pat | Mar 5 2013, 11:51 AM Post #6 |
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Fire & Ice Senior Diplomat
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My opinion---I once thought Paul Krugman should be taken seriously as an economist. I now believe him to be left wing, politicized hatchet man for Obama. I say this based on too many articles of total nonsense from his pen. He's laughable. |
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| tomdrobin | Mar 5 2013, 12:32 PM Post #7 |
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Fire & Ice Senior Diplomat
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I think Krugman is the one who is making sense. Of course he is a liberal. And, of course he has a target on his back from the right wing media. They have to try and discredit him, so they can keep scamming a huge portion of the american public. |
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| Brewster | Mar 5 2013, 11:44 PM Post #8 |
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Fire & Ice Senior Diplomat
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Reality is such a liberal concept... |
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| Neutral | Mar 5 2013, 11:45 PM Post #9 |
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Fire & Ice Senior Diplomat
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Krugman preaches what the useful idiots want to hear. He is a joke. |
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| Mountainrivers | Mar 5 2013, 11:46 PM Post #10 |
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Fire & Ice Senior Diplomat
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As if you have a clue what Krugman is even talking about. You just parrot those Faux News talking points. |
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