|The dismal "science"|
|More about economics|
Paul Krugman is a Nobel Prize-winning economist and columnist for The New York Times. He is a Keynesian/social democrat who favors global free trade and criticized the Obama Administration for crafting an economic stimulus bill that was too modest to be effective. He opposes farm and ethanol subsidies and populist protectionism (of the sort espoused by Lou Dobbs and Pat Buchanan) and is a fierce critic of supply side economics. Conservatives, of course, view him as a mouthpiece for the liberal socialist agenda. He gets most of his facts right too. Unfortunately, while an economic expert, he is not the best at public speaking, once even losing in a debate with Ron Paul because he was unable to respond properly on live television.
Some people with their sarcasm detectors turned off believe that Krugman is insane because of a 1978 paper he wrote on "interstellar economics." This is actually a parody if you can't tell after reading the first few lines.
 Hate him? Let's strawman!
“”To fight this recession the Fed needs more than a snapback; it needs soaring household spending to offset moribund business investment. And to do that, as Paul McCulley of Pimco put it, Alan Greenspan needs to create a housing bubble to replace the Nasdaq bubble. Judging by Mr. Greenspan's remarkably cheerful recent testimony, he still thinks he can pull that off.
 See also
- Economic inequality
- Post-Keynesian economics - Krugman is a near-perfect example of the difference between New Keynesians and Post-Keynesians, as seen in his scuffles with MMTers/chartalists.
- Very Serious People - Popularized the term.
- Krugman's blog at the Times
- The Theory of Interstellar Trade
- How Not to Write an Accurate Criticism of Paul Krugman, courtesy of Anders "Hellhole Creator" Aslund
- ↑ Forbes calls him "the socialist laureate." (So free trade is now socialist, apparently.)
- ↑ Politifact on Krugman
- ↑ http://krugman.blogs.nytimes.com/2012/05/01/on-the-uselessness-of-debates/
- ↑ "This research was supported by a grant from the Committee to Re-Elect William Proxmire."
- ↑ http://krugman.blogs.nytimes.com/2010/04/05/me-and-the-bubble/
- ↑ The full quote