[quote=pri_dk]
[quote=Allan from Fallbrook]Krugman has lost nearly all credibility and now simply stands as a shill for the Left and the Left’s attendant nostrums. He has abandoned all pretense of objectivity and will shrilly attack anyone with the temerity to disagree with him (see his recent tiff with Ken Rogoff as an example).[/quote]
Why do you always make so much noise about the messenger, instead of focusing on the message?
Simply declaring someone as “discredited” doesn’t make it so.
Krugman is one of the most widely cited economists alive today. We are still waiting for the title of EconProf’s dissertation.
So do you have anything to say about the subject of Bubbles and Economic Potential, or are we going to hear more about who Krugman hangs out with at cocktail parties?[/quote]
Pri: I’ll stand by what I said regarding Krugman. I’m not the only stating that Krugman has discredited himself: His recent history of attacks on those who disagree with him is both well-known and well documented. As to how often he is cited: What does that matter? Does that confer some Grand Poobah legitimacy upon him? Economists, by and large, are generally wrong (the old saw about predicting 5 of the last 3 recessions) and quite often vague or contradictory (remember Eisenhower’s wish for a one-armed economist?).
When someone like Krugman politicizes his economics (and make no mistake, he has), the messenger becomes as important as the message.
And I’ll leave that right there, because there is zero upside arguing with you, especially when YOU get all partisan. Read what was actually written and try to argue using facts.