Scott Sumner's been pretty spot on. Krugman predicted austerity of 2013 would hurt. It didn't. http://krugman.blogs.nytimes.com/2013/04/28/monetarism-falls-sh

Scott Sumner's been pretty spot on. Krugman predicted austerity of 2013 would hurt. It didn't. http://krugman.blogs.nytimes.com/2013/04/28/monetarism-falls-short-somewhat-wonkish/?_r=0&gwh=A4DB4EAF79232C36FA8D7AF84FF8C42B&gwt=pay&assetType=opinion http://krugman.blogs.nytimes.com/2013/04/28/monetarism-falls... http://econlog.econlib.org/archives/2014/01/the_parrot_is_s.html http://econlog.econlib.org/archives/2014/01/the_parrot_is_s.... http://econlog.econlib.org/archives/2015/01/the_cbos_foreca.html http://econlog.econlib.org/archives/2015/01/the_cbos_foreca.... Krugman predicted the sequester would cost 700,000 jobs. http://www.nytimes.com/2013/02/22/opinion/krugman-sequester-of-fools.html&assetType=opinion http://www.nytimes.com/2013/02/22/opinion/krugman-sequester-... I can't dig it up, but Sumner claimed it would not provided NGDP didn't fall (i.e., the fed caused a monetary offset). You'll never guess what happened next.