Can we count on you?
Click the Pic
Support Free Republic
Posted on 04/08/2013 5:06:13 AM PDT by Sir Napsalot
Economics is a very broad field. There are many parts to it. Krugman actually made a very important breakthroughs in a very narrow area. Unfortunately he feels it necessary to talk about all of the others... like an astrophysicist who made a breakthrough in understanding the pattern to solar magnetic fields commenting authoritatively on Ocean currents and assuming that they are dominated by local magnetic fields.
He is a narcissistic dufus.
The inmates are running the asylum.
You are exaclty correct...once someone is credentialed they believe they are experts on everything.
What I do not see on the horizon this time is a “new boom” industry to bring us back.
What is different this time is we are now a now a fascist country with Government controlling EVERYTHING.
Rummyfan: no correlation between Krugman’s musings and economic reality.
There is no correlation between Paul Krugman and reality.
With all due respect, given Krugdork’s continued demonstration of economic ignorance, I really do not think he could do a simple problem in correlation, let alone something more complex such as principal components.
He’s a slug.
A math-ignorant slug.
Everytime Krugman lets loose with one of his weekly gems of “wisdom,” the already shriveled credibility of the Nobel Prize shrinks further.
As I have said before about this IDIOT who masquerades as an”Economist”:”Two 10-year olds running a street corner lemonade stand have forgotten more about economics than this buffoo ever knew!Earth to Paul Krugman:Government Regulations make the cost of production go UP.Also,”Onerous”regulations discourage the formation and expansion of businesses!!I’m just a stupid,out-of-work(Thanks to The Obongo Economy)musician and I can figure this out!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
The never ending chase: “I’ve got to have something to do and make lots of money at it.”
If one farmer has the technology to process food for 2,000 people, at what price should those people receive the benefits of his work so that he is fairly compensated and they are fed?
To the extent technology and manufacturing make the availability of goods easier and cheaper, there may just be a lot of people with “nothing to do.”
The problem with that, though, is how much there is to do in the way of serving others, even if only compensated with food, clothing, and shelter.
My town has a fairly high unemployment rate. Those who are able-bodied and unemployed may prefer to sit around and collect benefits, but that does not mean there is no work for them. They could start by doing some general cleaning around town.
“No correlation” is exactly correct. Anybody want to talk about causation, instead?
If the soil had enough moisture, we could do just fine without any rain whatsoever,
Rule #1 in my house is that no child shall say "I'm bored. There's nothing to do."
Those words are music to my ears. There are always things to pick up, laundry/dishes to do, floors to be swept/vaccuumed, closets to clean, garages to clean, lawns to rake/seed/mow......
I once read an author who suggested getting rid of jail time for "misdemeanor" offenses. There was no sense in tossing someone in jail for having (for instance) a little bit of weed, he suggested ... but there were always streets to be swept, litter to pick up, ditches to be mucked out, and so on. In his opinion, a weekend spent swinging a rake in a public park, while wearing a pink jumpsuit with a big "P" on the back, would have much more more deterrent than a fine and jail time.
He might have been on to something, sez me.
There ya go folks. A Nobel Prize winner.
Adam Lanza eyes, and it’s progressing.
It’s the look of “I see everything so clear why can’t you”.
PAUL KRUGMAN: There's been, there's been tons of work on this. And what's holding small business back is not regulations, it's the fact that they don't have
Spoken by a true liberal socialist dumb-ass turd who has never so much as operated a nickel per cup kool aid stand! No one is dumber than a liberal dumb-ass turd, no matter what their level education is. In fact the more highly educated they are, the dumber they become.
"...there's been tons of work on this..."
Ooooo now there's a rock solid piece of journalistic evidence! Sounds like another 0dumb0 set of statistics that he just pulled out of his ass!
They never mention economic growth. Always jobs.
Just like Obama?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.