"What’s wrong?" my wife asked anxiously as I looked at the computer screen. I didn’t answer, except to blurt out another, "Oh, no!" Finally, I looked at her and said quietly, "Paul Krugman has won the Nobel in economics."The full take from Anderson is here.
"Whew!" she answered. "I thought maybe one of your parents had died." "No," I replied. "This is much worse."...
Let me say it again. Paul Krugman is not an economist. His colleagues in the economics profession and the editorial board of the Times may call him an economist, but that does not make him one.
This is harsh criticism, I realize, so I must explain my views in full. Yes, Krugman has a Ph.D. from MIT in economics, but his writings, both popular and academic, demonstrate that he does not believe in laws of economics. Instead, like most folks with socialist leanings, he believes that the state is both omniscient and omnipotent and simply by fiat can eliminate those pesky little problems caused by scarcity.
Showing posts with label WilliamAnderson. Show all posts
Showing posts with label WilliamAnderson. Show all posts
Tuesday, October 14, 2008
Anderson (Again) On Non-Economist Krugman
William Anderson writes:
Monday, October 13, 2008
Bill Anderson on, Nobel Laureate and Commie, Krugman
"... Krugman believes the problem is that the Bush administration is not socialist enough, which makes it ideologically "free market." If Obama is elected and Krugman receives a high position in his administration, we shall see if Krugman becomes the first commissar who makes socialism work. I'll be betting against him."
Anderson's full analysis can be found here.
Anderson's full analysis can be found here.
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