Krugman Supports Capital Controls
In reading Paul Krugman for more than a decade, it seems that he has established a firm ideological pattern: Markets evil, government good. Thus, he has decided the solution for the crisis in Cyprus: capital controls. Now, More...
The Federal Deficit is a Symtom, Not the Disease
Member of Congress are infamous for attacking symptoms of a problem instead of going straight to the heart of the disease, and the current “discussion” on the massive federal deficits are yet another More...
Marches of the Non Sequitur, protecting the ‘cuts’ to federal budget
I really was ready to shout, “Hallalujah!” when I saw the title of Paul Krugman’s latest column on the 10-year anniversary of the U.S. invasion of Iraq. When I met Krugman in 2004 at the Southern More...
Is Paul Krugman Really a Martyr?
Paul Krugman operates with numerous themes, although for the most part they revolve around his belief that (1) the U.S. economy is in a “liquidity trap,” and (2) government must spend, borrow, raise More...
Paul Krugman, NY Times ‘Consuming Wealth Actually is the Same as Producing Wealth’
With the Big, Bad Sequester looming as the Crisis of the Week and all of the media and political angst accompanying it, I have come to understand that how one responds to the prospect of the government being forced More...
Paul Krugman says ‘middle class taxes’ and death panels with be needed to fund Obamacare VIDEO
Paul Krugman, taped during a speech he gave, said the following about Obamacare. “We’re going to need more revenue, we’re going to need, and probably in the end, surely in the end it will require some sort More...
Raise that Teenage Unemployment Rate
If one were to read only Paul Krugman’s column and blog, the reader would find many interesting things about economics. That would include things like governments make economies grow by printing money (we More...
Paul Krugman and His Zombie History
Murray Rothbard liked to say that economist often tended to specialize in the area where their knowledge was the worst, and given Paul Krugman’s butchery of the historical record, I’d say Rothbard had More...
Yes, Inflation is our Savior, leftists cheer hyperinflation
One of Paul Krugman’s repeated themes in his columns and blog posts is that inflation is a wonderful thing, and apparently we never can have enough of it. Inflation wipes out debt, transfer wealth from creditors More...
Kick that Keynesian Habit
One think I do like about Paul Krugman’s columns extolling Keynesian theory is that they are predictable and easy to follow. I cannot say they really constitute economics, given that Krugman seems to believe More...
Paul Krugman: The Real Friend of Fraud
One of Paul Krugman’s constant themes is that financial regulation, if done by people who properly have been schooled as Democrats, will guard against fraud, and he is at it again in his most recent column. More...
Is the Fed Hampering the Recovery?
In his blog post on “Calvinist Monetary Economics,” Paul Krugman claims that a recent Wall Street Journal op-ed by John Taylor on why he believes the Fed is hampering the recovery by keeping interest More...
Robert Reich says unionization of Walmart will get the economy growing
The Keynesians have really brought flawed theories to the forefront during the past month by two of their preeminent thinkers. Robert ReichImage/United States Department of Labor Earlier in the month, it was Paul More...
Krugman: The State Makes and Producers Take
Paul Krugman definitely is a class warfare sort of guy, but to him, the parasite classes are those that actually produce something, while people who simply consume are the real producers. There is no other way around More...
Ron Paul: Krugman’s $1 trillion coin idea “just another variant of the endless stimulus proposals’
You Tube screen shot As many of you know, the liberal, Keynesian sage, Paul Krugman introduced the idea of a $1 trillion platinum coin be minted and as Krugman suggests, then depositing it at the Fed. This would More...
Bush aide tells NY Times Paul Krugman that he’s ‘hardly credible’
Paul Krugman Photo/donkeyhotey.wordpress.com George W. Bush aide Mary Matalin and New York Times columnist Paul Krugman clashed on ABC’s This Week Sunday, with the former eventually telling the latter, “You’re More...
Bill Clinton Says No One Could Have Turned The Economy Around In Just Four Years- Is He Correct?
Former President Bill Clinton has received many accolades recently from the right and the left concerning the economy he presided over in the 1990′s. Public domain photo/US Government But even the ego maniacal Clinton More...
Tuscaloosa just needs to ‘believe in government’
In the aftermath of natural disasters, the standard Paul Krugman line is that only government can fix the problems, and that if one just “believes in government” with all one’s heart, soul, and More...
The Amnesia Economist by Dr William Anderson
One of the supposed rules for New York Times columnists is that they not endorse candidates or be overly politically partisan in what they write. That is a howler, of course, as the entire newspaper is little more More...
Paranoia, Democrats, and the Speculators
Now that a Democrat is in the White House, I find it interesting that near-record gasoline prices somehow have nothing to do with Barack Obama. When gas prices four years ago went up under the Bush White House, More...
