I don’t think Krugman is stupid because he disagrees with Austrian Economics – I think he’s stupid because he so obviously is, as revealed in this particular gem:
[w]hy doesn't the investment boom—which presumably requires a transfer of workers in the opposite direction—also generate mass unemployment?
Yup – that’s what he asks. Not rhetorically, but in all seriousness. You don’t believe it? Check it out here.
Krugman really went to pot.
James, although I'd never admit this to Bob, one of the main reason I like reading his blog is because of your comments. Your replies to "fundamentalist" were what Don Cherry would call, "beauties". Good stuff Sir.
ReplyDeleteThank you.... except now your are revealed, you poor sod...
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