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Re:Krugman on BitCoin by scrollbar on Wednesday September 07, 2011 @08:24PM (#2972099)
Econ isn't a science. There are schools of economic thought that completely contradict "basic economics" taught in schools today, and you can't possibly prove that one or the other method is correct.

Hence, Economics: the dismal science.

Re:Krugman on BitCoin by arvinds on Wednesday September 07, 2011 @10:33PM (#2972409)
I have to disagree here. Yes there are schools of thought, but questions like "how does a market work?", "what causes deflation?" are pretty well studied and agreed upon. This is one of those very basic settled questions with a very clear accessible explanation.