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> But the response to pretty much any article asking why economists got something wrong is because economists don't all have aligned interests. That's not what
by csdvrx 5y ago
> But the response to pretty much any article asking why economists got something wrong is because economists don't all have aligned interests.
That's not what I perceived after reading this article: it seems to propose a very different hypothesis:
> Krugman wants to be the Rush Limbaugh of the Left.
> To Krugman, economics is no longer a quest for
understanding, delightful in its capacity to overturn one’s
preconceptions. Economics is just a set of debating points to argue for policies that one has adopted for partisan political purposes. ‘Stimulus’ is just marketing to sell Congressmen and voters a package of government spending priorities that are wants for political reasons. It is not a proposition to be explained, understood, taken seriously to its logical limits, or reflective of market failures that should be addressed directly