Mises Wire

Facebook icon
LinkedIn icon
Twitter icon
A
A
Home | Blog | Krugman Challenged

Krugman Challenged

0 Views
07/10/2012

 

Krugman gets a bit snippy at 48:20. His objection is confused. He says Professor Schwartz tried to criticize his credentials. But Schwartz criticized Krugman for going beyond his capabilities, not for going beyond his credentials.

Schwartz makes a strong point about the "ratchet effect" in government policy at 1:09:00. He credits "ratchet effect" studies to the Public Choice school, although of course, it's mainly an insight of Robert Higgs', who isn't usually classed as a Public Choice economist.

Here is Zero Hedge on the event.

Paul Krugman: "¡Acabad ya con esta crisis!"

Dan Sanchez is a libertarian writer and an editor at the Foundation for Economic Education. He is a contributing editor at Antiwar.com, where he writes a regular column, and an independent journalist at Anti-Media. His work has frequently appeared at such websites as Zero Hedge, the Ron Paul Institute for Peace and Prosperity, and David Stockman's Contra Corner. His writings are collected at DanSanchez.me.

Add Comment

Shield icon wire