Insulting our betters will not put economists in good stead. As Paul Krugman frequently notes, "Economics is...not quite as hard as sociology."* But Falkenstein makes up for this lapse, perhaps, with his conclusion: Macroeconomists are demonstrably not helpful... Full Article at Angry Bear
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The liberal economist ignores basic rules of the market in service to the progressive agenda. There’s nothing liberals love more than apologizing for the misdeeds of others. Full Article at Pajamas Media
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The Krugman piece reaffirms my own view of the economics profession. I began my journalism career writing for The Far Eastern Economic Review while I was still in the Peace Corps in the late 60s. Full Article at Business Week
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You should, of course, read Paul Krugman’s article on and its failures during the recent crisis. Full Article at Matthew Yglesias
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School for Scoundrels, Book Review by Paul Krugman: Last October, Alan Greenspan — who had spent years assuring investors that all was well with the American financial system — declared himself to be in a state of “shocked disbelief.” After all, the... Full Article at Economist's View
