Saturday, September 18, 2010

A CFR Economist Attacked by DeLong and Krugman Can't Be All Bad

In conducting some more research on Council on Foreign Relations director of International Economics, Benn Steil, I have discovered that he was attacked last year by none other than the top nemeses of Austrian economics,  Paul Krugman and Brad DeLong.

It was a typical performance by Krugman and DeLong of distorting and outright lying. This time they distorted and lied about what Steil wrote about the great French economist, Jacques Rueff (1896-1978).

It is simply amazing how often these two characters simply make things up. Here's a good summary of what they tried to pull off in attacking Steil.

For the regular antics of Krugman, be sure to checkout Bill Anderson's blog, Krugman in Wonderland.

1 comment:

  1. I thought that I had accurately quoted and represented Steil's claim that Jacques Rueff had "refuted" not just Keynes but Knut Wicksell, Irving Fisher, and Milton Friedman as well?