Dr. Krugman And The Economics of Hauling Coals To Newcastle

By: Repair_Man_Jack (Diary) | July 12th at 04:24 PM |

It seems that Keynesian Economists are similar to Bill Murray’s failed character in the movie Groundhog Day. They simply relive their errors until they work off their bad karma and correct their errant assumptions. Yet Dr. Paul Krugman, dominus et deus of the American Neo-Keynesians, seems stuck in an infinite karmic loop. He’s waking up on Groundhog Day forever, and sees the shadow of smaller | Read More »

Tags: CNBC, Debt, GDP, Keynesians, Krugman

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moelane: #rsrh It has been a long day in a long week in what is already a long month...: http://t.co/77UFRvPtEh
moelane: #rsrh I hope that we will all be mature about this Lisa Jackson painting.: http://t.co/7vHT3gBauL
moelane: #rsrh Barack Obama has 'complete confidence' in Eric Holder.: http://t.co/IwQvILTUCX
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moelane: #rsrh How cute: the NYT still thinks Obama won the tax cut fight.: http://t.co/L4pvg81CXQ
moelane: #rsrh So, basically, Barack Obama is now TROLING the press over the IRS thing.: http://t.co/sbusr1n3rw
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