Nobel Prize winning economist says what I've been saying for months

Oct 31, 2010 22:44

Paul Krugman--who won the Nobel Prize in economics, remember--has a must read article about how we're all being mugged because of so much phony outrage over debt. Even worse, the moralizers are holding back sound economic policies that could start getting us out of this mess.

On a related note, NPR's Marketplace aired an interview last week with Professor John Quiggin, who has written a book called "Zombie Economics" about completely discredited economic theories that many idiots still believe anyway.

Wouldn't it be funny if people were actually so stupid that they would vote in a bunch of Congressmen who subscribe to this kind of pseudo-economic bullshit? Oh, wait...

economics, the great recession, decision 2010

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