[quote=zk]Here are two of our most prominent economic minds (Krugman & Greenspan) saying, at the same time, pretty much the exact opposite thing[/quote]
If you mean prominent as wise, informed and admirable, I would have to disagree. If you mean prominent as in extremely successful ideologically bound self promoters popular in the mainstream media, then I agree.
On the one hand we have Greenspan, bound to the ideology that free markets are self correcting and will automatically deliver the best result, on the other hand we have Krugman, bound to the ideology that it’s the government’s job to constantly fine tune the markets and keep them from their own self destruction.
Personally, I find both of them lacking in practical solutions, only ideological dogma.