How Did Paul Krugman Get It So Wrong? John Cochrane
02 Oct 2018 Leave a comment
in budget deficits, business cycles, entrepreneurship, Euro crisis, financial economics, fiscal policy, global financial crisis (GFC), great depression, great recession, macroeconomics, monetary economics Tags: Paul Krugman
All is lost for solar and wind when @PaulKrugman concedes this much
26 Apr 2018 1 Comment
in energy economics, environmental economics Tags: Paul Krugman, solar power, wind power
From Earth, Wind and Liars https://nyti.ms/2JQcoyL
What undergrads and @stevenljoyce need to know about trade @GreenCatherine
12 Apr 2016 Leave a comment
in applied price theory, applied welfare economics, development economics, international economics, job search and matching, labour economics, labour supply, macroeconomics, politics - New Zealand Tags: antiforeign bias, free trade, makework bias, Paul Krugman, protectionism, tariffs, trade policy
Minister for everything Stephen Joyce wrote some nonsense in the paper today about how trade agreements and more exports will mean more jobs:
I would like to make the point that trade access is hugely important for a small country like New Zealand.
Without fair and equal trade access we can’t sell as much of our goods and we get less for them. And that means fewer jobs.
This make-work bias is as bad as those who oppose trade agreements on the grounds of an anti-foreign bias. Trade affects the composition of employment, not the number of jobs. Paul Krugman spent a good part of the 1990s trying to explain that to the general public and public intellectuals.
The 1st @Paul Krugman (1994) on “Competitiveness: A Dangerous Obsession”
24 Mar 2016 Leave a comment
in international economics, politics - USA Tags: anti-foreign buyers, anti-market buyers, Leftover Left, Paul Krugman, public intellectuals, rational ignorance, rational irrationality, renegade Left
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