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62 sats \ 2 replies \ @Undisciplined 8 Dec \ parent \ on: Paul Krugman Rides into the Sunset Politics_And_Law
I think the tragedy of Krugman isn't just how bad he was, but that he was capable of doing legitimately brilliant work.
I was just reading something else and found this gem:
Socialism allocates scarcity. Capitalism incentivizes abundance. Always good to remind ourselves of this from time to time.
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Once he got on the NYT gravy train, I guess he saw no reason to get off of it. He must not have had a real urge to further his research. That is really a shame. He was in on the ground floor of the trade theory but left it for the NYT.
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