Re:How did Paul Krugman get it so Wrong?
by chasingsparks on Monday October 05, 2009 @07:30PM
(#863091)
Austrian's and Goldbugs not the best comparison. Instead, I would say Krugman is the left's equivalent of the right's extreme supply-siders who assert that government revenues will increase relative to T0 for all decreases in tax rates (something that no well-respected economist currently says but many partisan's love to claim).
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Probably true, but I haven't seen nearly as many Laffer curve enthusiasts trolling comment threads, loudly redefining the word "economics" to refer to their pet theory, and dismissing all the real economists who argue otherwise.