The unconscious liberal

Macroeconomic Populism Returns By Paul Krugman February 1 (NYT) — Matthew Yglesias says what needs to be said about Argentina: theres no contradiction at all between saying that Argentina was right to follow heterodox policies in 2002, but it is wrong to be rejecting advice to curb deficits and control inflation now. I know some […]

Re: Financial services

[Skip to the end] (email exchange) Yes! >    >   Sounds like Krugman has been reading your blog: >    The Market Mystique by Paul Krugman Mar 26 (NY Times) — But it has become increasingly clear over the past few days that top officials in the Obama administration are still in the grip of the market mystique. […]

Krugman: Stimulus package is now way inadequate

[Skip to the end] He’s starting to sound more like me. Maybe reading my blog? Be interesting if he starts pushing a full payroll tax holiday, though that’s tough for a Democrat ideologically nowadays, even though it’s their constituency that’s the most severely punished by it and needs it the most to stay in their […]

Krugman again

[top] In case you thought Krugman isn’t part of the problem. From his recent column: Ideas for Obama by Paul Krugman Jan 12 (New York Times) &#8212 OK, I’ll bite — although as I’ll explain shortly, the “jump-start” metaphor is part of the problem. First, Mr. Obama should scrap his proposal for $150 billion in […]

Krugman on deficits

[Skip to the end] Deficits and the Future By Paul Krugman Right now there’s intense debate about how aggressive the United States government should be in its attempts to turn the economy around. Many economists, myself included, are calling for a very large fiscal expansion to keep the economy from going into free fall. Sounds […]