The Democratic Party’s Failure on Trade Policy

As anyone who follows the news is aware, Barack Obama's biggest legislative goal for his second term is to pass the Trans-Pacific Partnership trade agreement. He may well get fast-track authority in order to push for passage of the agreement, and the agreement may yet pass. I hope that he does get fast-track authority, and …

Paul Krugman Is Fundamentally Dishonest (A Continuing Series)

Any just and intellectually defensible analysis of the New York Times's decision to hire Paul Krugman as a columnist has to conclude that in making the hire, the Times severely harmed its own credibility. Krugman simply cannot be trusted to present facts and make honest arguments. Behold the latest example of Krugman's thoroughgoing mendacity. Comes …

Quote of the Day

Mr Krugman thus implied that the British government—deliberately or mistakenly—had engineered measly growth at the beginning of its term, thus making it easier for the economy to roar back as the election approached. That would seem to ascribe to the coalition an unrealistic level of strategic wizardry and general deviousness, beyond even that possessed by …

An Open Letter

TO: Thomas Piketty FROM: Pejman Yousefzadeh RE: Incurring Paul Krugman's Contempt Dear Professor Piketty: Congratulations on successfully positioning yourself so that you may be looked down upon by Paul Krugman until the end of time itself. Your ability to cause Professor Krugman to consider you to be less intellectually developed than your average paramecium--and make no mistake; …

Don’t Know Much about History (Paul Krugman Edition)

Look I understand that Paul Krugman is loath to give Ronald Reagan credit for anything good. But when he goes and makes things up about Reagan's economic record, someone should really call him on it. Preferably someone at the New York Times who is actually in charge of editing and fact-checking. Or doesn't the Times employ …

How to Be Paul Krugman

Step One: Claim that "austerity economics" will bring about low growth or recession, and minimal job gains or even job losses. Step Two: When the economy rebounds, pull an Emperor Palpatine and claim that "everything is proceeding as I have foreseen." Is this approach dishonest? Of course it is. Should Krugman stop being dishonest? Of …

Yes Virginia, Minimum Wage Laws Can Negatively Impact Employment

Behold. Of course, we can't possibly expect the likes of Paul Krugman to stop pushing for minimum wage increases, even though he has now acknowledged that those increases have deleterious consequences. But the Internet is a wonderful thing, and with it, we can  hurl Krugman's words back at him each time he derides anyone else …

Rebuking Crazy Talk on the Supreme Court

Remember Paul Krugman's ridiculous comments regarding the Supreme Court's decision to grant certiorari in King v. Burwell? Justice Elena Kagan--no one's idea of a right-wing jurist, of course--has something to say about them: Statements such as that of economics professor Paul Krugman’s argument in a New York Times column that the Court is corrupt, which was …

Why Does Paul Krugman Still Have a Job at the New York Times?

It is a mystery. Intemperate language and pure ignorance are not exactly the ingredients for a persuasive and intelligent column on policy issues--or any other issues, for that matter--but increasingly, Krugman's columns feature little else. Maybe the next time the New York Times wants to put out an editorial about legal issues, they will ask an …

Speaking of “Derpy” . . .

Look, I am no fan of Ron Paul's, and I don't take his views on monetary policy seriously. But this Paul Krugman hit piece is silly on multiple levels. You can't criticize the content of a televised presentation when the sound is off, leaving you unable to discuss anything that was said in the presentation. If you …