Krugman's latest antics: an apologia that isn't exactly an apology. How economists got it wrong, not how I, krugman, got it wrong, which of course is as unlikely from him as bernanke shaving.
palgrave-journals.com
There were many here who saw precisely what krugman and his cohorts missed. Some profited handsomely from their vision.
Lesson: if you want a perch at the NYT, want a Nobel and rub elbows with al gore and such, but be full of wrong info and errors, go to the Princeton economics department, get ph.d, develop equations no one understands. You will enthrall the chattering classes, the members of which are on the whole dunces. On the other hand, If you want to make money, get it right, then read SI, Jesse, zh and He Who Is All Darkness, not to mention Faber and Rogers. Oh, and memorize the French book, there are valuable lessons in every sentence. |
