Tag Archives: Paul Krugman

What On Earth Is Paul Krugman On About?

We have occasion to comment on some strange written offerings from Paul Krugman. Yeah, I know, “dog bites man.” Nevertheless, some discussion is in order.

Notes From Paul Krugman’s Cat

Paul Krugman is a very fine macroeconomist and cat lover who moonlights as a political polemicist at the New York Times. He has a very big megaphone, which means that he doesn’t need to sweat coherence.

What Matt Yglesias And Paul Krugman Don’t Know

There is a big difference between implementing tort reform, and merely promising to study tort reform. If Yglesias and Krugman were more accurate in their writings, they would note that difference.

Don’t Know Much About Health Insurance

The problem with getting a Nobel Prize is that it can inflate one’s sense of self to rather dangerous proportions, causing one to believe that one is a master of all subjects, when that’s just not the case.

Why do I write the above? Oh, no reason.

Breaking: The President Doesn’t Begrudge People Success Or Wealth

How nice of him. But the fact that people think the President actually ought to get a vote on this issue is disturbing, as my colleague, Francis Cianfrocca points out.

The Sentiment Changes on Wall Street

Over the last two to three weeks, there has been a palpable change in sentiment in financial markets. It’s quite an unusual one, because it appears to turn on national politics.

Is America Governable?

Is America governable? Why, of course it is, Paul Krugman’s histrionics notwithstanding. But to the extent that President Obama has had problems governing it, he need only look into the mirror to find a culprit for his Administration’s political failings, as Jay Cost points out.

Paul Krugman finally comes up with a good line

His latest starts off by comparing the US to Poland in the late 18th century. If you read Krugman (God only knows why I do), you know he has a total hobby horse about the US being “ungovernable” because Senate rules allow Republicans to prevent Democrats from doing whatever Krugman wants them to do.

Today he literally said that the US is in danger of suffering the fate of Poland, whose territory was partitioned by its three large imperial neighbors because their parliament required unanimity and therefore didn’t succeed in actually making any laws. I guess having a Nobel Prize allows you to present faulty reasoning that Krugman himself would never tolerate from anyone else. Time to start looking over your shoulder at Canada and Mexico: they’re gunning for us.

While scoring the White House for responding weakly to Senator Shelby’s hold on nominations, Krugman did come up with this gem, though: “We know how the Obama administration deals with those who would destroy it: it goes straight for the capillaries.” That was good for a chuckle.

When Paul Krugman And I Agree

Read this, from yesterday. And read this from today.

5.7% GDP Growth!

It sounds really fantastic . . . until you read this:

Spending Freeze Schadenfreude

Almost as fascinating as watching the Obama Administration’s sudden reversal from “Keynesian” mode, to “spending freeze” mode, is watching the reaction of the port-side of the Blogosphere to the policy switch. For many on the other side of the partisan divide, the realization is dawning that President Obama is not the second coming of FDR.

Paul Krugman Explains Why He Should Not be Fed Chairman

Because of the unique institutional character of the Fed and the unique national character of the American people, the Fed should stick to monetary policy and banking regulation. It should NOT make economic policy except in extremis.

- March 14, 2010 -

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