In an attempt to make it sound awesome, he discovered all the Canadians in the room actually hated it.
Paul Krugman makes for an unparalleled intellectual foil. If he didn’t exist we’d have to invent him. Recently he has been vintage Krugman, slinging derp.
Earlier this month, Paul Krugman wrote that, “a Heritage Foundation economist has been accused of presenting false, deliberately misleading data and analysis to the Senate Budget Committee.” Krugman was too clever to assert that the Heritage economist “did present” dishonest data, but if you read his short post, he clearly wants readers to believe that an unambiguous falsehood has been exposed.
Well, it has finally happened: The temperature of Hell has dropped below 32 degrees Fahrenheit, pigs have full command of the skies, and I have found a sentence uttered by Paul Krugman with which I agree.
I just finished reading The Smith/Klein/Kalecki Theory of Austerity by Paul Krugman and I believe it is the most disingenuous piece he has ever written.
It is a simple statement of fact that the more goods and services we receive for our money, the better off we all are. The cheaper, the better! Time and time again we forget free trade and lower prices are a benefit!
The economic argument is over, and Paul Krugman has won. Because, nothing spells victory like 20-some-odd million people out of work, a declining workforce, record deficits, anemic economic growth, record dependency on government programs and a heightened sense of volatility in the broad economy.
Amid an ongoing decline in the price of gold, a major brawl recently broke out in the elite media over…the gold standard. What is this free-for-all all about? And why does it matter?
With liberal ideas firmly in the saddle, civilizing us, so to speak, we no longer applaud Depression-era bank robbers. Instead, today, we send them to Congress, or parliament, or the legislature, where governments try to achieve folk hero status by robbing banks and depositors alike.
Krugman explicitly advocated for a housing bubble back in 2002, so it takes a lot of chutzpah to attack other people for the consequences of that bubble.
Just a few days after Hurricane Sandy devastated parts of New York, New Jersey and Connecticut, the New York Times' Paul Krugman crowed triumphantly about the federal government's response to the disaster.
Americans have always reveled in nostalgia about the music, fashion or favorite foods of bygone eras, but a sudden yearning for the high tax rates of yesteryear represents a startling new development. While some opinion leaders pine openly for the tax system that once claimed a big majority of income from top earners, their cozy, communitarian vision offers a deeply distorted view of those good old days.
The only plank remaining under notable discussion from either national convention platform of 2012 is the GOP platform’s call for a national monetary commission.
Hurricane Sandy was an invader, one that splashed ashore with as much destructive power as any foreign (or perhaps interstellar) invader could hope to bring to bear against our coasts. Thus, in the opinion of economist Paul Krugman, the storm should help boost the American economy.
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