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Austrian's and Goldbugs not the best comparison. Instead, I would say Krugman is the left's equivalent of the right's extreme supply-siders who assert that gove
by chasingsparks 17y ago
Austrian's and Goldbugs not the best comparison. Instead, I would say Krugman is the left's equivalent of the right's extreme supply-siders who assert that government revenues will increase relative to T0 for all decreases in tax rates (something that no well-respected economist currently says but many partisan's love to claim).
- philwelch 17y agoProbably true, but I haven't seen nearly as many Laffer curve enthusiasts trolling comment threads, loudly redefining the word "economics" to refer to their pet theory, and dismissing all the real economists who argue otherwise.