28 votes

Is Krugman leaving in disgrace?

This made my day! I hope someone investigates who is handing out Nobel Prizes willy nilly its starting to lose all credibility. Read up and enjoy if you want to see the smug P.K get a public verbal flogging.

http://www.forbes.com/sites/ralphbenko/2014/07/14/is-paul-kr...



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Ding-ding, round 2 Kruggy...and it's your last, you MF'er...

Second-to-last paragraph/line, Professor Niall Ferguson of Harvard states:

"[Paul]Volcker is right. “The responsibility of any central bank is price stability.” Krugman is wrong."

BOOM Krugman! You are a freakin' LIAR! I love it when it's said aloud. You are WRONG. WRONG.

Say it, Krugman! SAY IT!

http://www.youtube.com/watch?v=jEmKIRqz9AI

And a shout out to Paul Krugman: I hope you go to jail for your involvement with Enron.

If you don't know your rights, you don't have any.

I'm

still not sure how he escaped his Enron relationship. He made it seem like he had a mild consultant role, but his preaching is all about bigger macro economics, go figure.

Krugman on Ron Paul (Dec. 2011)

For those who may not be familiar with Krugman's gutter-level
style of attack, here's a sample...

Some typical Krugman - attacking Ron Paul and Austrian
School - for not believing that fiat/vapor money is just the Greatest
Thing Ever:

http://www.nytimes.com/2011/12/16/opinion/gop-monetary-madne...

Paul supporters were more than holding their own, though -
among the many:

T. PaineRochester, ny

Ron Paul looks at existing economics not in abstract models - as do professional economists - but how it promotes or detracts from individual liberty. Deficit spending and printing money - current Democratic and Republican solutions - has been - and continues to be - used as political tools to take liberty and property from the many and give to the few.

James Madison once wrote that concentrated power is the very definition of tyranny. Ron Paul seeks in his economic thinking to limit that power flow and even reverse it. Even Keynes believed that allowing the few to own everything is the very death knell of capitalism.

While one may argue against Ron Paul's platform, he seems to be the only individual in either party who seeks to protect our inalienable rights to life, liberty and property.
Dec. 17, 2011 at 3:58 a.m.

(is that the DP's Tommy Paine, perhaps?)

and:

Chris OBay Area

Everything is so refined. Everything is so fake. Ron Paul is not. It is so refreshing, especially to hear him make these strong anti-war, so-called Blame America First statements at Republican debates. Michael Moore or Glenn Greenwald would not say it better. And he gets applause! It is quite amazing he has been elected as a Republican from Texas time and time again, despite holding basically extreme views on foreign policy and monetary/domestic policy. (Of course to me, those "extreme" foreign policy views seem quite accurate.)

Ron Paul is truly conservative. He is quaint. He is from another time, like the 19th Century. And so even though that is crazy in many ways, its authenticity has great appeal considering the shallowness, and fake-ness that dominate modern life.
Dec. 16, 2011 at 10:00 p.m

and:

Houston surgeonHouston, TX

If you are against the bailouts and believe that they are designed to support the obscenely wealthy in NYC, the Hamptons, & Washington, DC, there is only one candidate to vote for. The massive expansion of the money supply is designed to bailout and rescue the Republicans and Democrats in the financial industry whose misguided policies over the past 25 years have devastated the middle class. Mr Krugman can obsfucate all he wants, but cannot explain why trillions of dollars went to subsidize the salaries of these NY bankers. Why aren't these bankers in jail? Where are the regulations to prevent this in the future? There aren't even any plans for regulations that seem to have a remote chance of being instituted. Are we supposed to just vote for more of the same?

If you are against the endless wars promoted by the military-industrial complex, Bush, and Obama, there is only one candidate to vote for. The war against Iran is next. Enough already.

Unless Ron Paul wins the Republican nomination, there will be no real choice in 2012. Both the Republican and Democratic candidate will support bailouts and continued foreign "interventions" (we don't call them wars anymore). Romney and Obama even have exactly the same plans for health care.

Ron Paul may not be perfect but at least he represents a real opportunity to move away from the disastrous policies of the last 25 years.
Dec. 16, 2011 at 9:40 p.m

Phxarcher87's picture

He

was a desgrace to begin with. Leaving ahahahh

THE CLASS OF CITIZENS WHO PROVIDE AT ONCE THEIR OWN FOOD AND THEIR OWN RAIMENT, MAY BE VIEWED AS THE MOST TRULY INDEPENDENT AND HAPPY.
James Madison

a sold out puppet

His lips move which ever way the strings are pulled. Hate the puppet master do not look at the puppet he is only there to mouth words of distraction.

sovereign

Coming or going

The man is a disgrace. Either way.

Krugman should leave

Krugman should leave the field of economics; he disgraced himself long ago in that pseudoscience.

I dont understand the article.

Maybe someone could summarize what it is that Krugman might have done that was unusually unethical?

Read a few of his blog posts

Like the one above where he goes after Ron Paul and
Austrian School economics and you'll get a feel for how
Krugman operates.

This is the first of three blog posts by an economic historian
Niall Ferguson that gets into it in more detail:

http://www.huffingtonpost.com/niall-ferguson/paul-krugman-eu...

Krugman has been seemingly untouchable for a long time, his leaving Princeton
precipitously in a way that seems to imply "don't let the door hit you in the ass on
the way out" terms is newsworthy - but it's still just speculation as to why Princeton
cut him loose.

Krugman

Would give anything to be able to forget he existed.

Ellsworth Toohey incarnate.

Cyril's picture

Nothing special, AFAICT.

Nothing special, AFAICT.

It's just a growing number of his former "elite" acquaintances (and/or "buddies"?) are reconsidering their respective relationships with his "ideas" and past "writings".

Coincidentally, he's also leaving Princeton.

I guess that was beginning to smell too strong** over there, and despite the wearing nice suits, the use of "eau de Cologne", etc.

(Just my speculation, anyway)

** Figuratively speaking

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

Nobel Prizes

Lost their credibility decades ago.

F the people that have tried to take over respect for truthful advancement of knowledge.

Fritz Haber

Yeah, around the time mass murderers like Fritz Haber were awarded Nobel Prize for Chemistry, it had lost its credibility.

(Anyone who doesn't know much about Fritz Haber should research on him to have their sensibilities shaken.)

Immoral funding of Military Industrial Complex by Federal Reserve and US taxation system must stop!!!! End illegal/unconstitutional wars! Preserve US currency!
http://facebook.com/NoPropagandaZone
http://twitter.com/the_chiefe71

I hope he becomes Billary's

I hope he becomes Billary's Campaign Finance Manager.

If he incorporates his principles into her campaign funds surely he'll find a way to devalue their purchasing power.

Ha ha :)

Ha ha :)

When we try to pick out anything by itself, we find it hitched to everything else in the Universe.
~ John Muir

Good riddance

Except that the scumbag will now go around pseudo-intellectual circles charging $75K per speech.

Immoral funding of Military Industrial Complex by Federal Reserve and US taxation system must stop!!!! End illegal/unconstitutional wars! Preserve US currency!
http://facebook.com/NoPropagandaZone
http://twitter.com/the_chiefe71

Cyril's picture

Hmm... Maybe. For a while, anyway.

Hmm... Maybe. For a while, anyway.

But something tells me he won't be able to stay at the top of "C'est Le Chic to attend!" for very, very long, though...

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

Scathing...

to say the least.

Does Krugman have any skin left after that? Either way, I'm not concerned.

Enjoyed the read.

May Krugman freeze to death while using the Business Section as a blanket.

Cyril's picture

"The more things change, the more they stay the same."

Indeed, you're right. There we are.

(Yet Another) "Fall from Grace" begins...

And for us to witness early - woohoo!

Bah. That'll make for greatly entertaining read in the future History books, though!

Bwahahaha.

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

Cyril's picture

The wind is turning around.

The wind is turning around.

Let's give it just a couple more years, shall we?

Just the time for people to see by and for themselves, harvesting the sweet fruits of what these establishment intellectuals and geniuses sowed, since 2007 (or, since 1971, even).

Then the year "1913" will also become a more popular topic of discussion around average Joe's dinner table (if any)...

:/

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius