It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
reply to post by FyreByrd
As the Taliban wing of the economic profession got more and more stronghold of standard macro, I think that many reasonable people and students) simply retreated into safer territory where the question were smaller and well defined and lots of data.
When this is the kind of diatribe we see coming from him my opinion of his intellectual integrity diminishes.
Krugman spent the better part of the last 6 years telling the country that we should be spending twice as much to get the economy going. That we should be racking up even more debt. And that anyone who questions the validity of his statements is part of the "Taliban wing" of the economic profession.
He's the guy that says deficits don't matter, debt is an irrelevant metric by which to measure the health of an economy, and that we should have given even more money to the financial sector and all the irresponsible people that busted during the housing collapse.
He's a loon.
this just sounded too emotional and vapid.