News for hackers. Stuff that matters.

A comment on Paul Krugman: The austerity delusion.

Re:Paul Krugman: The austerity delusion by seertaak on Wednesday April 29, 2015 @02:20PM (#9460514)
The Paul Krugman delusion: thinking a little or a lot more of the policies that have produced little to no improvement will suddenly work if we do it just one more time.
[ Parent | on HN ]
Re:Paul Krugman: The austerity delusion by mdemare on Wednesday April 29, 2015 @03:12PM (#9460921)
Actually, The Paul Krugman delusion is the illusion that people have that they have much more insight in economics and economic policy than Paul Krugman, despite never having studied economics, or read a textbook or a journal in economics.
[ Parent | on HN ]
Re:Paul Krugman: The austerity delusion by quadrangle on Wednesday April 29, 2015 @04:12PM (#9461374)
That's really just an instance of the Dunning-Kruger effect, but it's a good example of it.
[ Parent | on HN ]