"Smart People Frequently Produce Unfortunate Or Even Idiotic Outcomes"
I wish I had the time to read more economics blogs; besides Krugman and DeLong, I often look at The Baseline Scenario (James Kwak and Simon Johnson). E.g., this post, "Much Worse Than You Think: International Economic Diplomacy." Contains the terms "stupid" and "idiotic" and "borderline malpractice."