SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Disk Drive Sector Discussion Forum
WDC 169.54-0.1%Dec 9 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: LK2 who wrote (4987)11/14/1998 8:46:00 PM
From: Gottfried  Read Replies (1) of 9256
 
Larry/all, for those too cheap to subscribe to the online version
of WSJ/Barron's [only $49 per year, $29 for paper subscribers]
here's Lawrence Kam's letter to Barron's:

To the Editor
I can't believe Gene Epstein pulled his punches with Paul Krugman. This guy
suffers incredibly from the ivory tower conceit that he can't possibly be wrong.
Specifics:

1. His dismissal of the Austrians and their conceptual descendents is plain
stubbornness. His neo-Keynesian outlook is at odds with the operating
assumptions of the U.S. government, Wall Street and Alan Greenspan. Epstein is
right; he is dead wrong.

2. His snake-oil salesmanship of capital controls was self-aggrandizing nonsense.
When Malaysia actually implemented them, he immediately distanced himself by
offering "guiding principles." I'm sure Marx would contend that he was right, too,
but that the implementation was flawed.

3. Finally, Krugman has displayed no compunction against using his poison pen
against fellow economists. But unlike Epstein, who attacks nutty ideas, he seems
motivated mostly by his immense ego. Epstein's gentle allusion to his "Legend of
Arthur" piece was far more compassionate than he deserves. I'm sure had their
roles been reversed, Krugman would be far less generous.
LAWRENCE KAM

interactive.wsj.com

G.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News