Paul Krugman: Always Wrong, Never in Doubt

Discussion in 'Economy' started by Weatherman2020, Nov 16, 2019.

  1. Weatherman2020
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    Weatherman2020 Diamond Member

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    At some point, of course, doomsayers such as Krugman are going to be right. In the past 60 years the United States has been hit with recessions in 1960–61, 1969–70, 1973–75, 1980, 1981–82, 1990–91, 2001, and 2007–09. History says we’re probably due for another one soon. When it hits, Krugman will blame tax cuts, unfettered capitalist greed, a dearth of regulations — and maybe climate change, or whatever hobbyhorse he’s riding at the time. MSNBC hosts will hail him as a seer.

    Paul Krugman: Wrong about Trump Economics | National Review

    Yep.
     
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  2. bluzman61
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    bluzman61 Silver Member

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    Krugman is an IDIOT. The End.
     
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  3. Oddball
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    Oddball Unobtanium Member Supporting Member

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  4. MarathonMike
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    MarathonMike Platinum Member

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    I wonder if Krugman's Nobel Prize was a participation trophy from the Nobel committee like Obama's.
     
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  5. Oddball
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    Oddball Unobtanium Member Supporting Member

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    He didn't get it for macroeconomcs, the subject he knows next to nothing about yet talks of it as though he's a savant.
     
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  6. william the wie
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    william the wie Gold Member

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    He tweaked the theory of comparative advantage to make it marginally better for economic theorists. If it has been used in the commodity markets that then it is a deeply held secret.
     
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