[ame="http://www.youtube.com/watch?v=lCQ_N9wj41Q"]Krugman Reveals Krugmonomics Fails Even in Small Elite Liberal NYC Neighborhood - YouTube[/ame]
I don't dislike Paul Krugman. I think he is very intelligent and sometimes is right about things. But I do think he is out-of-touch with economic reality with his apparent love of Keynesianism.
Keynesianism is but one of the most vibrant macro schools of thought. Forgetiing the bastardised nonsense used to just give credibility to neoclassical theory, its been key in providing a more advanced understanding of economic result. For example, right wingers will often vomit 'but its human nature'. Whilst they're just giving an overly simplistic account of the already simplistic notion of 'rational economic man', Keynesians have bothered to model behaviour and the consequences for macroeconimc outcome
I'll discuss economics with you when you are prepared to discuss Han geopolitical views with me. I just want everyone to realize that Paul Krugman took the money when he had the chance, and that he is in part responsible for the Enron's actions.
Talking economics on an economics sub-forum? Wowsers, what a radical idea. So can we assume that you cannot actually make any comment over Krugman's economic analysis?
Reiver, this thread concerns the former Enron adviser Paul Krugman about whom the prior post was added for a complete understanding of who the man is. Don't look for trouble...trouble will come to find you. Sooner than you might anticipate.
He was (I assume) providing background information. Which, I for one appreciate (though I was aware he had worked for Enron, but others who read this might not be).
I just expect a little economics, which was provided (admittedly erroneously) with the reference to Keynesianism. But if you have no views on his economic output, fair wnough!
Don't worry, it didn't stop the other fellow. Economics is an inter-disciplinary subject and should be seen as open to all. The only concern is when someone becomes completely dominated by one school of thought; from the neoclasical economist trying to blag sense with greek letter overload to the Internet Georgist ranting about the Henry George Theorem in order to hide from economic reality
LOL... ...this from a guy who wouldn't know a statistic to save his life. Reiver's posts are all about sounding knowledgeable, backing up virtually NOTHING he EVER says with facts/stats and using condescension and bullying to make his point. And with over 18,000 posts - most seemingly of a negative/insulting nature - it is pretty obvious to me that he is little more then a well-read, lonely troll.
One wouldn't use stats, one would use econometrics. Bit obvious really! Your attempts at personal attack lack panache (best work on it!)
DA60 is trolling his own thread. The only person talking about Krugman's economic theory is Reiver. Oh for fun.
Hey did I mention that Paul Krugman was an advisor to Enron? That sort of disqualifies his opinion. It's like a Scarlett Letter.
