I read Paul Krugman for being mostly correct about things economic (and often political) for the past 17+ years. Except he's not. Krugman is no longer an econo

I read Paul Krugman for being mostly correct about things economic (and often political) for the past 17+ years. Except he's not. Krugman is no longer an economist, he's a commentator. And with that comes his slant. From the "Mises Wiki" [1] The Economist cites critics of Krugman stating that "his relentless partisanship is getting in the way of his argument". In addition, a website (titled "Lying in Ponds") that tracks partisanship among public intellectuals rated Krugman second in the overall partisan slant of his columns, behind only Ann Coulter ... The Economist magazine supported the finding, noting the vast majority of Krugman's columns feature attacks on Republicans and almost none criticize Democrats, making him "a sort of ivory-tower folk-hero of the American left As he moved from Nobel-winning economist to the political realm, he also left behind many of his economically sound ideas. For example [2] Would cutting the minimum wage raise employment? - New York Times, Dec 16, 2009 ...the belief that lower wages would raise overall employment rests on a fallacy of composition. In reality, reducing wages would at best do nothing for employment; more likely it would actually be contractionary. Training touted to close widening wage gap - Milwaukee Journal Sentinel, page 8A - Feb 6, 1996 Stanford University economist Paul Krugman, however, said raising the minimum wage and lowering barriers to union organization would carry a trade-off --- increased unemployment. ...Deficits and interest rates - New York Times, Aug 14, 2009 It turns out that there's a strong correlation between budget deficits and interest rates - namely, when deficits are high, interest rates are low ... On reflection, it's obvious why... A fiscal train wreck - New York Times, Mar 11, 2003 But we're looking at a fiscal crisis that will drive interest rates sky-high. A leading economist recently summed up one reason why: "When the government reduces saving by running a budget deficit, the interest rate rises." [1] The site isn't working for me, so I can't get a link [2] http://www.americanthinker.com/articles/2010/06/paul_krugman_the_selfcontradic.html http://www.americanthinker.com/articles/2010/06/paul_krugman...