edit: Oddly enough Krugman just posted in his blog (I found it after posting this) about exactly this topic: http://krugman.blogs.nytimes.com/2011/08/04/wrong-

edit: Oddly enough Krugman just posted in his blog (I found it after posting this) about exactly this topic: http://krugman.blogs.nytimes.com/2011/08/04/wrong-and-right/ http://krugman.blogs.nytimes.com/2011/08/04/wrong-and-right/