Friday, August 5, 2016

Krugman on Trump's Economic Team

I can't argue with Paul Krugman here:

The only economist worse might be the guy who wrote this in 1998:
The growth of the Internet will slow drastically, as the flaw in ‘Metcalfe’s law’—which states that the number of potential connections in a network is proportional to the square of the number of participants—becomes apparent: most people have nothing to say to each other! By 2005 or so, it will become clear that the Internet’s impact on the economy has been no greater than the fax machine’s.


  1. Bwahahaha! Good One! ( I didn't even need the link. ;) )

  2. Not sure if my comments are getting through, but I do agree with you on this post. Another brilliant quote from Kruggy.Good find.