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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: JohnM who wrote (114177)6/29/2009 10:17:16 PM
From: Dale Baker  Read Replies (2) | Respond to of 543347
 
the kind that just spill forth with jarringly complicated but terribly persuasive observations

Persuasive in a subjective way for those who like him, but how many of his op-ed ideas and proposals have seen the light of day as actual policy? We have debated several here that clearly did not. Couple that with his political banana-peel skill set and you end up with someone who may be a good syndicated columnist and an expert in his particular narrow niches, but what else?

I still think economists will be losers in the whole financial crisis; few saw it coming, even fewer had rational policy recommendations to stave it off and once into the crisis, the profession has responded like a herd of cats on a meth binge, screeching off in every direction.



To: JohnM who wrote (114177)6/30/2009 8:59:12 AM
From: Steve Lokness  Read Replies (1) | Respond to of 543347
 
John;

In response to your defense of Krugman, I'm going to quote from the piece freehovering posted;

.....decided by the American people themselves. Yes, the decisions of our democracy may be slowly arrived at. But when that decision is made, it is proclaimed not with the voice of any one man but with the voice of one hundred and thirty millions. It is binding on us all.

That quote from Roosevelt of course. Roosevelt too had a great mind but he used it in such a productive way. My complaint with Krugman is not so much his shrillness (although that too is bad) but rather his missed opportunities. He destroys his own argument when in arrogance he makes his arguments because he knows whats best and those who disagree with him are wrong. You say Paul is clearly a top notch economist, but if so, that mind is wasted if all he does is push people into corners. Both of his stimulus arguments and energy policy ideas do just that. And now back to the Roosevelt article; Roosevelt or Bush was the theme. Which way is effective?