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Krugman won the Nobel prize for his work in international trade theory, and I don't think his ideas were incompatible with Austrian thought. I align with Austr
by jfornear 17y ago
Krugman won the Nobel prize for his work in international trade theory, and I don't think his ideas were incompatible with Austrian thought. I align with Austrians most of the time and I don't remember having any objections to his trade theory when I studied it a while ago. Nonetheless, I do think Krugman has been venturing a little far from his expertise lately.
- bokonist 17y agoWhat about his trade theory was both novel and true (honest question, one I've asked before and that no one has answered http://news.ycombinator.com/item?id=669831 http://news.ycombinator.com/item?id=669831)?