[Slava]

Originally Posted by tjinaz

With the BEST POSTS ever.

Its true... it has almost become Tribal. Why a third party is so needed so desperately.


More on Krugman - seems a lot of other academics totally disagree with him too.

http://futronomics.blogspot.com/2009...scredited.html

http://blogs.telegraph.co.uk/news/ni...iberal-elites/

http://faculty.chicagobooth.edu/john...n_response.htm

http://seekingalpha.com/article/2081...he-u-s-economy

http://blog.mises.org/10271/krugman-wrong-again/

http://www.businessinsider.com/henry...s-wrong-2009-6

I read all of these, and some of them prove nothing though. Some of these are a couple of years old and others are basically just "I don't like Paul Krugman and he was wrong in this specific case..." kind of articles.

Funnily enough though, none of them seem to espouse that tax cuts are going to save the US from the situation its in currently? One of them (perhaps Ferguson?) goes through and points to Canada as one of the countries that got it right in the financial crisis while deriding Keynes. Hilarious! Canadas response was Keynesian, like it or not.

I'm not a pure Krugman guy and kind of tire easily of his doom and gloom. When I do the reading though he seems to present the situations that make the most sense and the practical solutions as a result whereas a lot of the others are pure complainers.