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The Paul Krugman delusion: thinking a little or a lot more of the policies that have produced little to no improvement will suddenly work if we do it just one m
by seertaak 11y ago
The Paul Krugman delusion: thinking a little or a lot more of the policies that have produced little to no improvement will suddenly work if we do it just one more time.
- mdemare 11y agoActually, The Paul Krugman delusion is the illusion that people have that they have much more insight in economics and economic policy than Paul Krugman, despite never having studied economics, or read a textbook or a journal in economics.
- quadrangle 11y agoThat's really just an instance of the Dunning-Kruger effect, but it's a good example of it.
- brucefancher 11y agoPaul Krugman is not correct or incorrect to the extent that he has studied economics and economic policy. He's correct or incorrect to the extent that he can back up his views with evidence, which he generally can't.