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Paul Krugman Has Got His Social Security Facts Wrong
Paul Krugman had another of his nasty moment on TV Sunday when he took on Senator Ron Johnson (R, WI) (ABC -Link). The topic was Social Security. I want to throw my two cents into this fray.Senator...
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KRUGMAN: 'Cyprus Should Leave The Euro. Now'
In his latest for the New York Times, Paul Krugmanweighs in on whether Cyprus would be better off without the euro.Krugman says he's been challenged by someone he respects to take a position on the...
View ArticleKrugman Is Wrong: Why Cyprus Leaving The Euro Would Be A Disaster
Editor's note: The following is a response from Michalis Persianis, economics editor at kathimerini.gr, to Paul Krugman's recent column arguing why Cyprus would benefit from leaving the Eurozone. We...
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KRUGMAN: David Stockman Is Just A Cranky Old Man
Earlier we wrote about how David Stockman has a huge unhinged screed in today's NYT about how the US is doomed because of debt, money printing, and crony capitalism.The piece is almost undebunkable...
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Twitter Feud Between Estonian President And Paul Krugman Is Now A Real Opera
TALLINN, Estonia — “Fiscal stimulus trumps. Increased public debt. Devalue!” You’d expect to hear that in a debate between economic policymakers, perhaps — not a rehearsal by musicians practicing to...
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Krugman-Estonia Twitter Feud Over Euro Crisis Is Turned Into An Opera
“Fiscal stimulus trumps. Increased public debt. Devalue!” You’d expect to hear that in a debate between economic policymakers, perhaps — not a rehearsal by musicians practicing to stage an opera.But...
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KRUGMAN: Gold Bugs Are Really Annoying, They Don't Have A Clue, And They've...
Earlier we did a post on the phenomenon of "Goldenfreude" which means taking pleasure at the collapse in gold prices.We asked a bunch of notable names why they thought gold falling inspired such...
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Why Krugman Is Like Voltron The Invincible
If you grew up in the 80s you probably remember Voltron. Although the show often had convoluted plotlines, it would somehow always end with Voltron (a super-powerful robot formed from five mechanical...
View ArticleKen Langone Went On An Epic Paul Krugman Rant On Bloomberg TV
Outspoken billionaire financier Ken Langone appeared Friday on Bloomberg TV to discuss generational theft — the idea that the old are stealing from the young to pay for entitlements and...
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NIALL FERGUSON: Oh, Please, Paul Krugman Is Totally Wrong
Niall Ferguson has two words for Paul Krugman: you’re wrong. (See video below.)The Harvard University history professor and author of “Civilization: The West and the Rest” says Krugman’s pro-government...
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Paul Krugman Will Hate What A Bunch Of Hedge Funders Just Said About Monetary...
Sometimes fiscal policy is like the weather: Everyone talks about it but nobody ever does anything about it.It's certainly been a big topic of conversation here at the Milken Institute Global...
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Harvard's Niall Ferguson Blamed Keynes' Economic Philosophy On His Being...
Harvard professor and famous historian Niall Ferguson reportedly made some bizarre and offensive remarks about economist John Maynard Keynes at an investment conference yesterday.According to financial...
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KRUGMAN: There Is No Bubble In Bonds Or Stocks
This week, we just got through hearing from a bunch of hedge fund managers about how wildly distorted all of the markets were these days because of the Federal Reserve's Quantitative Easing.Numerous...
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Carmen Reinhart And Ken Rogoff Write Huge, Brutal Letter To Paul Krugman...
Econofeuds just got real.Carmen Reinhart and Kenneth Rogoff — the two economists whose paper on the negative effects of high debt loads was exposed as flawed by a grad student — have written a long...
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Sorry, Haters: "Derp" Is A Useful Term, And It's Here to Stay
Yesterday, I set off a bit of a storm among economic policy writers by using the term "derp." Gawker's Max Read says we all sound stupid and demands that we stop.I'm not going to comply, and I have a...
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KRUGMAN: The Fed May Have Just Made A Historic Mistake, And Done More Damage...
The most important story in the world is the change of direction in U.S. interest rates, which coincides with the change in tone out of the Federal Reserve. On Wednesday the Fed indicated that so long...
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Mitt Romney's Economic Advisor Accidentally Makes The Case For Higher Taxes...
Harvard economics professor Greg Mankiw has written a paper called "Defending the One Percent" which makes the case against reducing inequality as an economic policy goal. Mankiw was a top advisor to...
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Paul Krugman Crushes Rick Santelli
A few weeks ago, we found a video undermining Rick Santelli's claim that his complaints about Fed easing "were never about inflation." If you need more proof, a reader has sent us the following clip...
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Paul Krugman Tells Hedge Fund Manager Eddie Lampert How A Business Is...
Rather than having his various divisions work together for the mutual benefit of the company, Sears CEO Eddie Lampert turned the company into a series of warring fiefdoms fighting for money and...
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KRUGMAN: Why China Has Hit The Wall
Paul Krugman has taken a break from picking on inflation truthers to write an important column today about China titled "Hitting China's Wall" about the slowdown in the economic data.The basic story...
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