In his latest newsletter, which, as I keep repeating, is in itself a refutation of Friedmanite “No Free Lunch” gospel, Paul Krugman takes us on a walking tour of the Big Apple, beginning with this paragraph: Full disclosure: I’m one of those privileged New Yorkers who decamped to the suburbs during the worst of the…
Tag: Paul Krugman
Political Notes from All Over: Paul Krugman is cool, Ross Douthat is mad, Kamala Harris is “necessary” (probably), and Black Lives Matter is living down to Billy Barr’s expectations
Tough to be a man! Or a woman! Or even just a little kid. But stuff happens, as Donnie Rumsfeld liked to say, and this is some of the stuff that’s happening. First up is the good news: Paul Krugman is cool! I’ve frequently though not necessarily bitched about the way the Krugman too often,…
NYT “America COVID-19 Culpa” soft-pedals Northeast Disaster
Yes, Donald Trump is an asshole, as the New York Times reports in its feature article “The Unique U.S. Failure to Control the Virus”, but there’s more to the story than that. Bill de Blasio isn’t so hot either! Near the end of its long “what went wrong” piece/morality tale, the Times acknowledges that the…
Paul Krugman is smarter than I thought!
Okay, perhaps I should have said “Paul Krugman has a far more sophisticated grasp of the uniquely divided nature of the American working class than he had demonstrated in many of his previous public comments”, but heads like that don’t get the clicks, and I don’t have to tell you that “Literature R Us”, frequently…
Gregory Mankiw, dean of conservative economists. He got it only half wrong.
After the fortunate demise of President Trump’s nomination of Republican hustler Stephen Moore for a position on the Federal Reserve, Paul Krugman remarked “Aside from Harvard’s Greg Mankiw, not one prominent Republican economist stepped up to oppose Moore.”1 And indeed “Greg”, as I guess his friends like to call him, gave the news of Steve’s…
Uh, Professor Krugman, I have a question.
I am (generally) a big fan of Paul Krugman. I probably don’t qualify as an out and out Krugmaniac, but most of the time I’m pretty Krugmany, if you know what I mean. I even subscribe to his newsletter, and why not? Because it’s free! (In your face, Milton Friedman!) But—and clearly there’s a “but”…
The dollar still sound as a dollar, studies show
If you search on the Internet for “Why the dollar will never collapse” or, conversely, “Why the dollar will collapse”, well, you’ll get a lot of hits. What you won’t find, unfortunately, is a piece I read in Bloomberg several weeks ago explaining, well, why the almighty dollar remains so goddamned almighty, and which I…
Brian D. Feinstein and Eric Schickle explain it all for you
Want a seriously detailed examination of the great role reversal in American politics, as the Democrats shifted from the party of segregation to the party of equal rights, losing the South but gaining its soul? Then check out “Platforms and Partners: The Civil Rights Realignment Reconsidered” by Brian D. Feinstein and Eric Schickle in Studies…
Daniel Drezner is shocked, shocked to discover that Paul Ryan is Paul Ryan
More in sorrow than in anger, it would seem, the WashPost’s Dan Drezner struggles with House Speaker Paul Ryan’s puzzling tendency to say, well, to say one thing (usually decent by what one might call “Mainstream Acela” standards) and then do another (almost invariably pusillanimous1). Reviewing Paulie’s record, Dan can wonder why, since “Ryan is…
Stakhanovite liberalism—It’s still a thing!
“Stakhanovite1 liberalism” was a labored term of abuse worked up by the late William F. Buckley to ridicule overproducing liberals. Coal miner Alexsei Grigoryevich Stakhanov was made a “Hero of the Soviet Union” by Joseph Stalin in recognition of his exploits with a jack hammer and his example was used to encourage others to overfulfill…