Monday, October 4, 2010
Krugman on Austrians and Other Critics
Posted by
dkuehn
at
10:42 AM
An interesting read, although Austrians aren't going to like it. His rendition of the "but you just don't get it" line mirrors my experience perfectly, which I described here. Many Austrians are very good, or else I wouldn't keep engaging the school of thought. Many are like playing a game of whack-a-mole. Krugman then goes on to address more mathematically minded critics as well, and he really brings out the condescension of many of their arguments.
Subscribe to:
Post Comments (Atom)
I think that it's unfortunate that he's engaging Peter Schiff instead of an actual Austrian economist. Not that I have anything against Schiff, but he's an investor with a different perspective (and a libertarian with his own agenda, but that seems difficult to avoid when it comes to AE).
ReplyDelete