Tag Archives: paul krugman

They All End Up In A Ditch In This World Of Fools And Knaves

Paul Krugman, on This Week, explaining the ascent of Newt in the wake of the series of short-lived GOP frontrunners Trump, Perry, and Cain: “I have a structural hypothesis here,” Krugman told ABC’s Christiane Amanpour Sunday. “You have a Republican ideology, which … Continue reading

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Zero Data To Support “Regulatory Uncertainty” Talking Point

Lawrence Mishel wrote a detailed debunking of the right-wing talking point that “uncertainty” is plaguing our businesses, who are apparently refusing to invest because they’re so scared of Obama’s socialism. Here, he summarizes his argument, and reviews the response from … Continue reading

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Facts Have No Meaning, And Money Is King

We’ve discussed the perils of centrism a time or two before. Dean Baker finds David Brooks engaging in quintessentially Brooksian false equivalence: David Brooks is really upset, we may have a lost decade because he is sitting there being right, standing … Continue reading

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Paul Krugman Pictures David Brooks In A Hot Tub

In his latest post: I was struck by a passage in David Brooks’s column today: But, over the years, government has grown and undermined these virtues. Wall Street financiers no longer have to behave prudently because they know government will bail them … Continue reading

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We Who Fail To Learn From History

Paul Krugman, Nov. 2008: A decade ago, when I tried to make sense of Japan’s predicament, I used a simple, unrealistic model to ask what we really know about the relationship between the money supply and the price level. We normally say … Continue reading

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You’re Supposed To Sit On Your Ass And Nod At Stupid Things

Well, Paul Krugman is obviously a big fan of the blog, because he’s yet again channeled what we’ve been saying. From PYM the other day: rule #1 of MSM punditry is that critiquing the choreography and possible electoral consequences & … Continue reading

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Then went the devils out of the man and entered into the elephant

There is still no agreement on the debt ceiling, and it is harder and harder to see how this crisis will be resolved.  Contrary to popular perception, authorizing an increase in the debt ceiling is not an invitation to spend … Continue reading

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Paul Krugman’s Questionable Judgment

As noted immediately below, everyone who this morning was working to elect Newt Gingrich the next President of the United States has now quit to find other things to do.  Newt himself has now issued a statement on the matter, … Continue reading

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Emotion Over Expertise

Paul Krugman notes the deep emotional reaction of some Bush Jr. officials to the success of Pres. Obama’s efforts to find Osama bin Laden: Once in a while I mention, in passing, that the Bush administration saw torturing people as … Continue reading

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This Is The Way Cultures Change: Not With A Bang, But With Dance Numbers

Someone writing during the 1990s financial crisis in East Asian wrote that we should expect to see an ever-greater share of output there because, “after all, most people are Asian.” We should expect more contemporary cultural influence from Asia as … Continue reading

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Omnibus Paul Ryan Post

Paul Ryan rolled out his budget proposal yesterday.  Here’s a rough first look at the direction it would take the country, the mechanics of the plan, and the public discussion about it so far. WHAT THE PLAN WOULD DO His … Continue reading

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We Have Met the Enemy…

Krugman can’t come out and say that he can’t stand David Brooks for being wrong about everything all the time, of course, but, well… David Brooks: The president walked away from the Simpson-Bowles package. … But the forces of reform have … Continue reading

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