Tag Archives: Paul Krugman

Never Mind Their Distrust of Data and Forecasts; Austrians Can Help You Predict the Economy

[O]f all the economic bubbles that have been pricked, few have burst more spectacularly than the reputation of economics itself. – From The Economist, July 16, 2009. It’s been five years since the The Economist magazine published the critical commentary  … Continue reading

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Technical Notes for ‘Banking Buffoonery’

This is an appendix to our earlier post, “Banking Buffoonery, Modeling Mysticism and Why Krugman Should Be Sweatin’ Bullets.” We discuss the Bank of England report and IS-LM model in more detail, using a Q&A format.

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Banking Buffoonery, Modeling Mysticism and Why Paul Krugman Should Be Sweatin’ Bullets

We have a few things to say about the recent debunking of established monetary theories. In case you missed it, the Bank of England issued a report in March explaining that standard textbooks get money and banking all wrong. The … Continue reading

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Revisiting the Reinhart-Rogoff Kerfuffle, Part 2

This is part two of an article that was published last month in the POLICY Magazine of the Centre for Independent Studies. We updated our reporting on last year’s Reinhart-Rogoff controversy in the first part. In the second part, we explain … Continue reading

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2013 Most Viewed Posts

Although CYNICONOMICS isn’t quite a year old, we’ll join the bloggers who report their most viewed posts at the end of the calendar year. We added up our page views here and on two other sites that publish our articles … Continue reading

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Divisions on the Left: Jeffrey Sachs Responds to Summers and Krugman

Here’s an excerpt from a provocative article written by Jeffrey Sachs this week: [I]t is very frustrating to read Paul Krugman again today write about our current stagnation with so little reflection on his part that his own preferred stimulus … Continue reading

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Have Larry Summers and Paul Krugman Just Had Their Dimon/Dudley Moment?

With my kids getting older, I no longer get much chance to play “What’s wrong with this picture?” This is the game you’ll occasionally find on a children’s menu that’s based on a picture with, say, a guy holding an … Continue reading

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The Post-Crisis Data Is In, and It’s Not Kind to Keynesian Thinking

Anders Aslund of the Peterson Institute recently made an interesting argument about Europe’s winners and losers. In a critique of Paul Krugman’s advice to Europe’s political leaders, he compares economic performance of the southern European laggards to the northern countries … Continue reading

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Niall Ferguson Shatters Paul Krugman’s Delusions

We followed the latest Paul Krugman feud – this one with Niall Ferguson – until Krugman’s tag team partner and CYNICONOMICS reader Brad DeLong entered the fray. After about a half dozen posts on Krugman and DeLong this year, we had some … Continue reading

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Has Brad DeLong Admitted to Being Unfair and Imbalanced?

Second Update (July 12) – Brad DeLong would like me to post his response to this. Sorry, Brad, you have your own blog for hurling insults. If the name-calling is important to you, I suggest firing away on delong.typepad.com. As … Continue reading

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