Krugman Is Scary This Morning

Krugman Is Scary This Morning

By Michael Maiello on Sun, 12/11/2011 - 10:11pm |

The world might be less peaceful than we think.

URL:

http://www.nytimes.com/2011/12/12/opinion/krugman-depression-and-democracy.html?_r=1&ref=opinion

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It seems more and more lately the Mayan prediction of the end of the world in December 2012 brings more of a sense of comfort than of foreboding.

by Elusive Trope on Mon, 12/12/2011 - 12:25am

"Let your Kingdom come, let your will be done, on Earth as it is in Heaven"

Put a fork in this current system/arrangement;..... it's done.

by Resistance on Mon, 12/12/2011 - 6:40am

Unfortunately for me, I believe we stuck with just us humans in charge - this current system/arrangement is pretty much the same as it has always been, and, chance are, will be all we will have for the conceivable future. It may be done, but it's all we got. We get our occasional falling of the Berlin Wall or end to Apartheid or creation of the US Constitution, and the rest of the time we struggle with the pull to slide down into the muck. Have a Merry Christmas and a Happy New Year.

by Elusive Trope on Mon, 12/12/2011 - 9:25am

Have a Merry Christmas and a Happy New Year?

Another empty promise?

Pray for a deliverer; when the have-nots figure out, they'll never have anything but; empty promises.

by Resistance on Mon, 12/12/2011 - 2:07pm

I think the only problem we are dealing with here is that the economic term depression has been ruined as to its original meaning by all the baggage of the Great Depression of the 1930's. We immediately go there with our thoughts when we hear the word. Why, for example, don't we see more history comparisons with "the Long Depression" of 1873-1896 or any of the others?

Edit to add, also too: history never repeats itself exactly the same way.

by artappraiser on Mon, 12/12/2011 - 11:35am

we may be in the phase where upon history repeating itself for a second time, it is being repeated as a farce, and we left with the nostalgia of the days of the repeating when it was a tragedy filled with deep pathos. Now all we have is performance of deep bathos.

by Elusive Trope on Mon, 12/12/2011 - 11:44am

Krugman is a hard-boiled pessimist, best served with salt.

by Michael Wolraich on Mon, 12/12/2011 - 1:24pm

What role model is shared by Paul Krugman and Newt Gingrich?

Answer: Hari Seldon, Psychohistorian

Paul Krugman Became An Economist To Be Like His Science Fiction Hero - Business Insider

Newt Gingrich the Galactic Historian | History News Network

What a country!

by EmmaZahn on Mon, 12/12/2011 - 1:35pm

Krugman's rebuttal (paraphrased): This town ain't big enough for two Hari Seldons.

by Michael Wolraich on Mon, 12/12/2011 - 1:45pm

LOL.

Looks like I'll have to dig out my Foundation trilogy before deciding if both or neither deserve the mantle of psychohistorian. It's been a few decades since I read it.

by EmmaZahn on Mon, 12/12/2011 - 2:12pm

Neither. But I'm more interested in finding Preem Palver.

by Donal on Mon, 12/12/2011 - 2:21pm

Maybe. I could not say without re-reading the whole thing. I did not even remember Hari Seldon's name. It has been that long.

by EmmaZahn on Mon, 12/12/2011 - 2:37pm

I remember Seldon, Salvor Hardin, Bail Channis, Palver and the Mule. I never read the sequels or prequels. Maybe I should.

by Donal on Mon, 12/12/2011 - 3:40pm

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