Just to keep the world up to date with, you know, stuff:
Economist’s View: nothing but disinflation in the US
Krugman disses John Kay’s regular suggestion of Narrow Banking as the answer. Without namechecking Kay.
Chris Giles finds the Chancellors’ Debate a ‘depressing consensus’. Whereas Bagehot thinks they were a good thing for democracy.
Paul cleverly compares Blond to a Communist. He apologises to intelligent Marxists. Now, I think they are all intelligent, Marxists. Just wrong, that’s all.
GDP growth has been revised up to 0.4%.
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Posted by Paul Sagar on March 30, 2010 at 11:18 am
“Now, I think they are all intelligent, Marxists. Just wrong, that’s all.”
You’ve never been on a left wing demo, have you?
(I mean, I knew that already – but if you had endured the chanting and the rain and the morons, you’d know first-hand that many marxists are dribbling eejits).
Posted by Mike Guillaume on March 30, 2010 at 3:10 pm
Krugman often gets it right, but is not ALWAYS right.
A bit like the freethinking economist.
And some of us…
Posted by freethinkingeconomist on March 30, 2010 at 4:29 pm
What???? I get stuff wrong?!?!??! you are banned, now, sir. Don’t even finish your drink.
I’m with Krugman on this one, though. It’s a great rhetorical point, lousy economic one.
Posted by vimothy on March 31, 2010 at 11:23 am
Krugman: “I think of the whole bank regulation issue in terms of Diamond-Dybvig”.
Noooooooo…..!
I agree with Mike.
Posted by vimothy on March 31, 2010 at 11:24 am
Er, but not John Kay or Greg Mankiw.