Monday, October 21, 2013

Krugman is to Obama as Lysenko was to Stalin-----Much Bigger Than The Shutdown: Niall Ferguson's Public Flogging Of Paul Krugman

Much Bigger Than The Shutdown: Niall Ferguson's Public Flogging Of Paul Krugman - Forbes:

Ferguson calls Krugman and his acolytes out for many, meticulously documented, errors and omissions.  And he does not just show Krugman up as wrong but as a blackguard surrounded by a bodyguard of hooligans, all guilty of bullying.  Ferguson on Krugman:

Where I come from, however, we do not fear bullies. We despise them. And we do so because we understand that what motivates their bullying is a deep sense of insecurity. Unfortunately for Krugtron the Invincible, his ultimate nightmare has just become a reality. By applying the methods of the historian – by quoting and contextualizing his own published words – I believe I have now made him what he richly deserves to be: a figure of fun, whose predictions (and proscriptions) no one should ever again take seriously.

 

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