Krugman Endorses Trumps Crazed Trade Views

Where these two intersect on the policy charts, you know it it bad policy. Paul Krugman has endorsed Donald Trump's mercantilist views:

I’m not saying that Trump has any idea what he’s talking about; he doesn’t. But we are living in a world where, for the time being — and maybe for a long time to come, if secular stagnation theorists are right — mercantilism makes a fair bit of sense. But then Keynes could have told you that.

For a thorough takedown of mercantilism see Murray Rothbard's  Mercantilism: A Lesson for Our Times?

-RW