Tagged: Paul Krugman

Burn the math - The Dismal Science

Eric Crampton Feb 20, 2014

I love it when Paul Krugman channels Alfred Marshall.Here's Krugman:I once talked to a theorist (not RBC, micro) who said that his criterion for serious economics was stuff that you can't explain to your mother. I would say that if you can't explain it to your mother, or at least to your non-economist friends, there's a good chance that … Read More

Another entry in the inequality discussion - The Dismal Science

Bill Kaye-Blake Feb 06, 2014

Pattrick Smellie’s column yesterday highlighted that Brian Easton has a new publication on inequality. Easton’s work is based in part on the thorough MSD report by Bryan Perry, which was highlighted in comments early this week (h/t Mary). Apparently, Easton is less complimentary about the Rashbrooke book, which I’ve covered before (here, here, and here). That […] … Read More

Socially constructed profits - The Dismal Science

Bill Kaye-Blake Jun 21, 2013

Paul Krugman made a point on his blog yesterday that really struck me: profits are no longer anything remotely resembling a “natural” aspect of the economy; they’re very much an artifact of antitrust policy or the lack thereof, intellectual property policy, etc. This is something I’ve seen suggested or hinted at or mentioned in a […] … Read More

What’s that about global cooling? - Open Parachute

Ken Perrott May 19, 2010

After all the talk about global cooling, or lack of global warming, here’s a nice little graph to illustrate the misuse of statistics. It also illustrates why climate change contrarians and deniers love to start their measurements from 1998. Its from Paul Krugman’s Blog at the New York Times (see How Will They Spin This?). [...] … Read More