"In Which Paul Krugman Leaves Me At a Loss for Words"
Just in case you're still reading Krugman's Times column or blog, take a look at Steve Landsburg's calm deconstruction of yet another Krugman blunder.
Nobel, Schnoebel--I don't waste my time anymore.
Krugman is an excellent economist. Robin Wells, not so much.
Posted by: Ted Craig | January 26, 2012 at 09:15 AM
People often think the top researchers (e.g., Nobel laureates) are sages, when in reality they are experts. There is a world of difference between the two. Krugman is (was?) a world-class authority on international trade. But on any other topic, he's just a smart guy prone to his own biases. Many Nobel laureates have said foolish things when they ventured into topics they knew little about, or worse, had strong opinions about.
Posted by: Jack | January 26, 2012 at 09:20 AM
even accepting that there is double taxation on capital gains: why not? the state exists to protect the elites, so they should pay more to sustain it than the slave class...
Posted by: rjs | January 26, 2012 at 09:31 AM
Krugman is an excellent economist. Robin Wells, not so much.
Well, Im old school: he puts his name on it, hes responsible for it.
Craig
Posted by: Craig | January 26, 2012 at 09:37 AM
Krugman long ago made the transition from respectable,if somewhat obscure,academic to buffoonish charlatan. At this point, he is to economics what Uri Geller is to physics.
Posted by: ardy53 | January 26, 2012 at 10:49 AM
I'm with Craig.
Either the Times blog is written by Krugman or it isn't. You can't capitalize on your reputation as an economist by putting your name on work written by someone else, and then hide behind the ghost writer when the work is bad. If you are admitting that you have nothing to do with the work, why should I read it? Why put your name on it?
Posted by: Brent | January 26, 2012 at 11:02 AM
This is what happens when you trade your respectability for being a paid shill for a single party apparatus.
Posted by: kyle8 | January 26, 2012 at 10:44 PM