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joins it, krugman has been there since the beginning of time. like i said in another post somewhere, he probably thinks that japan is set for an economic boom. the problem though is that most republicans side with him. when gov scott killed off high speed rail, the majority of his party, the gop, criticized him for doing so. it's a heads you lose, tails you lose situation.
It's so cute to see some one flail at taking a shot at some one who actually knows stuff though.
I agree. Krugman likes to take pot shots at people who know more than him relating to economics.
But, so long as useful idiots hold up his booby prize, op-ed piece in a deprecated rag, and his job position as some sort of trophies making him appear infallible, there will be people who know more than him critiquing his partisan hackery.
I agree. Krugman likes to take pot shots at people who know more than him relating to economics.
But, so long as useful idiots hold up his booby prize, op-ed piece in a deprecated rag, and his job position as some sort of trophies making him appear infallible, there will be people who know more than him critiquing his partisan hackery.
Wow, I am astounded.
That is a true sign of cognitive dissidence transferring to a reaction formation, because I was referring to the quoted post in such an obvious way even 6 year old should have no problem figuring out. To take a post referring to your own fallacies and turn it around to go after your enemy is actually really funny.
That is a true sign of cognitive dissidence transferring to a reaction formation, because I was referring to the quoted post in such an obvious way even 6 year old should have no problem figuring out. To take a post referring to your own fallacies and turn it around to go after your enemy is actually really funny.
Have fun with that.
Don't you get it? We're all going to starve to death!! FOOD WILL BE TAKEN FROM THE MOUTHS OF AMERICANS!
"I am in New York for a conference, but I will share this gem from Paul Krugman's recent blog post in which he claims that the tragedy and recovery in Japan likely will be "expansionary." Yes, we see yet another "economist" become a caricature of the people who claimed that the hoodlum who broke the baker's window described in Henry Hazlitt's classic Economics in One Lesson."
William L. Anderson, Assistant Professor Frostburg State University
"And yes, this does mean that the nuclear catastrophe could end up being expansionary, if not for Japan then at least for the world as a whole. If this sounds crazy, well, liquidity-trap economics is like that — remember, World War II ended the Great Depression."
Paul Krugman, Professor Princeton University and the London School of Economics, Nobel Laureate.
Apparently reading for comprehension is part of the tenure tract at Frostburg. If it is perhaps some in the Frostburg english department can explain the lexicological difference between the word likely, as in probable, and the word could, as in possible.
Wasn't Frostburg where Bullwinkle graduated from...
LOL @ the Frostburg (a fully accredited university) jokes. Many of the professors there are as whacky liberal as Krugman.
But thanks for not disappointing on the usage of trophies to make a case. Krugman draws a conclusion for which he has zero quantitative evidence. Talk about anti-intellectual.
Again, without experiments, you cannot "debunk" this economic theory or that one. You can find examples where Keynesian economics works, and other cases where "trickle-down" economics works. All case studies, but again - without falsifiable hypotheses, we cannot treat these policies even as "theories" really.
Agreed. They're not theories. They're not even hypotheses. They're political policy.
Quote:
Yes, was it trickle-down economics that failed or was it poor oversight of the financial institutions? Or lack of proper regulations?
It was all of those.
Quote:
Unless you can hold other variables constant, you cannot say that trickle-down economics is a flawed theory.
The current Great Recession is compelling evidence that it's a failed policy.
But thanks for not disappointing on the usage of trophies to make a case. Krugman draws a conclusion for which he has zero quantitative evidence. Talk about anti-intellectual.
If you can't understand the difference between the words, likely and possibly then there would be no hope for you if Krugman gave you a econometric analysis of his argument and I haven't the slightest doubt that Krugman is quite capable of presenting such an econometric argument.
By the way, the distinction between being a full professor at two of the world's top universities and an assistant professor at some backwater campus of the U. of Maryland system whose whose list of famous alumi consist of a Playboy "model" and a slew of state delegates constitute a bit more than trophy collections.
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