Erm no. He did not "call" the Euro crisis. I notice he has stopped mentioning Ireland, for example, because it now represents a counter-example to his world vi

Erm no. He did not "call" the Euro crisis. I notice he has stopped mentioning Ireland, for example, because it now represents a counter-example to his world view. After a few years of austerity, growth has returned, unemployment is falling and tax revenues are rising in Ireland. All apparently impossible according to Krugman and in fact he explicitly predicted the opposite outcome would result from government policy. He irritates me highly because he is clearly smart but hasn't the tiniest crumb of intellectual honesty - he simply ignores inconvenient facts where other commentators and ecomomists (of various ideological bents) engage with difficult facts in order to explore and refine their own belief systems. I have gone from being a Krugman admirer to considering the guy a lying charleton in the space of 5 years.