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Politics : View from the Center and Left

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To: Steve Lokness who wrote (191764)	6/16/2012 2:33:44 PM
From: koan	Read Replies (1) of 543788

<<Krugman is in a tiny minority of economic theorist. And I think an ever shrinking group at that. Ever Tuesday I meet in an informal class where economics of Europe is discussed. Last Tuesday the professor was discussing differences between the economics of the US; comparing Austrians with mainstream Chicago School economist. After much discussion, I asked where Krugman stood; his answer, swear to God was that "Krugman is crazy". End of discussion.>> Sounds to me like your professor is crazy. Krugman is the 4th most referenced economist in the world (tiny minority-lol). Stiglitz in number one. They are both on the same page. And both won nobel prizes. And Austrian economics is very outdated. Krugman can teach at any of the top universities in the world and has at places like MIT and now Princeton. Where does your professor teach and what are his credentials?

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