Paul Krugman, Enemy of Progress
Brink Lindsey debunks Paul Krugman’s nostalgianomics:
the caricature of postwar history put forward by Krugman and other purveyors of nostalgianomics won’t lead us anywhere. Reactionary fantasies about the good old days never do.
Krugman’s caricature is similar to Kevin Rudd’s attempt to elevate the pre-1978 period to a mythical Golden Age before the ‘triumph of neo-liberalism.’
posted on 17 February 2009 by skirchner
in Economics
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Yawn. No-one’s listening.
Their view, argues Lindsey, essentially amounts to ideologically motivated nostalgia.
Oh come now. Nothing coming out of the Cato Institute would be ideologically motivated, would it?
Posted by .(JavaScript must be enabled to view this email address) on 02/17 at 03:35 PM
Geithner’s “stress tests” appear to be a pre-cursor to preprivatization, but apparently There Are No Real Stress Tests Going On
I love this bit:
Its amazing how the ‘N’ word has moved from the fringe to the mainstream in a few short weeks. Even Republicans are saying the ‘N’ word these days.
Posted by .(JavaScript must be enabled to view this email address) on 02/18 at 08:45 AM
The dam has broken on nationalisation:
—Alan Greenspan
FT:// Greenspan backs bank nationalisation
The high priest has capitulated, but still his disciples cling to their delusional beliefs.
Posted by .(JavaScript must be enabled to view this email address) on 02/19 at 08:42 AM