Thursday, December 28, 2017

OMG Krugman Has Turned Mountain Climber

It should be pointed out that the great Austrian economists Ludwig von Mises and F. A. Hayek were both great hikers. But, they didn't need a helmet to climb a mountain.

Also, I will be hiking on New Year's day--sans helmet.



  1. Gloves might be a wise addition to his PPE, given his pictured activity. Stay safe, you adventurous economists.

  2. Safety is paramount, in a mercurial world of boom-bust cycles! Watch-out for that BUST, Paul!

  3. In 1998, Krugperson predicted that the effect of the invention of the internet on the economy would be no greater than that of the fax machine.