Scribbling, scribbling, scribbling on the Internet.
A book could be written on the topic, but let's just focus on a couple of items. Don Boudreaux: Dear Mr. Krugman: On your blog today you document that the percentage of Americans without health insurance has fallen since Obamacare kicked in. You conclude that “[t]his is what success looks like.” You miss the point of Obamacare’s most careful critics. …
Continue reading "What Paul Krugman Doesn’t Understand about the Health Insurance Debate"
Responding to Piketty's response (linked here) to the charges raised by the Financial Times, Chris Giles notes that there remain concerns with Piketty's presentation: There are a few things on which we agree. First, the source data on wealth inequality is poor. I have written that it is “sketchy” and Prof Piketty says it is “much …
Let us make a little list: Tyler Cowen points out that when it comes to discussing Milton Friedman's analysis of the Great Depression, Paul Krugman gets things wrong. Both Tyler Cowen and Donald Boudreaux point out that Krugman gets Hayek wrong. Raghuram Rajan points out that Krugman gets Carmen Reinhart and Kenneth Rogoff wrong, though I am not …
