4 ms·
You have to take Krugman with a big grain of salt. It's been decades since he was in a policy position and these days he's more of a commentator, opinionator w
by mc32 4mo ago
You have to take Krugman with a big grain of salt.
It's been decades since he was in a policy position and these days he's more of a commentator, opinionator who is often wrong. I think he sometimes leans on his nobel prize to give his opinions weight that people should discount given how often his opinions fall flat.
- throw0101c 4mo ago> It's been decades since he was in a policy position and these days he's more of a commentator, opinionator who is often wrong. He was never in a policy position (perhaps one year under Feldstein in Reagan's CEA?). In a 2011 paper examining talking head / pundit prediction accuracies, Krugman came out on as most accurate: * https://www.hamilton.edu/documents/an-analysis-of-the-accuracy-of-forecasts-in-the-political-media.pdf https://www.hamilton.edu/documents/an-analysis-of-the-accura...