8 ms·

Please don't read anything by Paul Krugman, unless you believe we are in the global recession he predicted after Trump's election.

• jihadjihad 8y ago
  While this particular prediction didn't (yet) come true, Krugman is at least one of the few name-brand economists who will admit when he is wrong. He's also got a Nobel in the field, so to write off his textbook as unreadable for a failed prediction seems like a little much.
  • cahomeown456 8y ago
    An economics Nobel is not the same thing as a Nobel in (for example) Physics, and citing it as an appeal to authority is intentionally misleading.
    • metalliqaz 8y ago
      Surely you would still accept credentials, right? Like, I would expect a PhD, etc. Nobel in economics certainly isn't without meaning in that regard.
• jonathankoren 8y ago
  Economists have predicted 7 of the last 5 recessions.
• nickik 8y ago
  Krugman now is a political hack but his earlier work was ok, including his early books.
  • partiallypro 8y ago
    His early work on trade policy is good, his other stuff is not great
    • nickik 8y ago
      Agree, his school book was fine. His stuff on the recession is terrible simplified populist Post-Keynsian wash.