I’ve always found it entertaining to see the contrast, or just small differences, between particular economic views. As I’m sure some of you are aware I follow Paul Krugman’s blog on the New York Times website. Once in a while I come across some interesting posts where I can clearly see a contrast between his…
Ed: A wonderful piece regarding a Marxist view of gold as currency in relation to a parable by Paul Krugman. This is part of a larger post that must be read. I highly recommend subscribing to this blog Critique of Crisis Theory. Paul Krugman writes: “The legend of King Midas has been generally misunderstood…. What…
I came across a very interesting piece in “End This Depression Now!” by Paul Krugman where he lays out why the belief that investors will dump a country’s bonds if they lose confidence in that country’s monetary and/or fiscal policies, is untrue. According to the theory fear of budget deficits are driven (primarily) by an…
It’s wonderful to see a mainstream economics man like Paul Krugman come across a Marxist criticism by accident. I’m not surprised its Krugman who does it, he seems to be a hell of a lot more honest than just about anyone out there in the media. I found this statement in his book End This…
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