dagblog - Comments for "It's time for a little more Krugman"

Exactly right

Flavius — Sat, 09 Mar 2013 01:15:49 +0000

Exactly right

Meanwhile, in today's

AmericanDreamer — Fri, 08 Mar 2013 19:05:18 +0000

In reply to It's time for a little more Krugman

Meanwhile, in today's WashPost, Joe Scarborough and Jeff Sachs attack Krugman with a demonstrably false claim--that Krugman "doesn't care about deficits". Do they bother to read him? Krugman has never said that, to my knowledge. He says deficits *do* matter. His arguments are about when is the appropriate time to pursue deficit reduction fiscal policies, in the context of other policy goals.

http://www.washingtonpost.com/opinions/joe-scarborough-and-jeffrey-d-sachs-deficits-do-matter/2013/03/07/82de539a-82bd-11e2-b99e-6baf4ebe42df_story.html

Thank you, trkingmomoe, as

AmericanDreamer — Fri, 08 Mar 2013 18:50:52 +0000

In reply to I found this one by Delong

Thank you, trkingmomoe, as well as flavius, for this thread.

I found this one by Delong

trkingmomoe — Fri, 08 Mar 2013 06:34:20 +0000

In reply to It's time for a little more Krugman

I found this one by Delong titled "Grand Mal Economics." It is a very good read.

http://www.project-syndicate.org/commentary/the-unreached-limits-of-expa...

You will find yourself book marking his web page to go back to in order to read more of his posts.

Thanks Flavius for the heads up.

I have heard Buffet say many

trkingmomoe — Fri, 08 Mar 2013 05:57:45 +0000

In reply to It's time for a little more Krugman

I have heard Buffet say many times in interviews, that the threat of paying more in taxes don't keep investors from investing. They do it because they think they can make money.

For liberals and progressives economics is math that you can "solve for zero" to check that you are correct.

For conservatives economics is a religion based on faith and wishful thinking that rich are correct.

Time to google Brad Delong to read his piece.