Economics & The Economy
More on the Krugman – Chait – Scarborogh kerfuffle.
- Joe Scarborough’s Gut Has a New Enemy: Paul Krugman – National – The Atlantic Wire
- Joe Scarborough and the Beltway Deficit Feedback Loop
- 10 People Who Disagree With Joe Scarborough – Business Insider
- It’s Not Really ‘Krugman vs. the World’ | Center for American Progress
- Hearsay Economics – NYTimes.com — Everyone I know says it, so it must be true.
…How do JoScar and others like him come by such misconceptions? [the miscosception being that the government is driving “explosive” spending growth]
Well, I’ve gradually come to the realization that most of the commentariat doesn’t do what, say Martin Wolf or I do — grub around in published data, read reports, and all that. Instead, they rely on what they heard somebody say the facts are; hearsay economics. Of course, they don’t listen to any old bum on the street; they listen to people of repute, people in their circle. But the repute in question has nothing to do with technical expertise; hey, Admiral Mullen is a serious person, so if he says something on any subject, such as economics, it must be solid.
And where do the reputable people get their information? Why, it’s what they heard somebody in their circle say. It’s hearsay economics all the way down…(read the complete article…)
- Where Do “Facts” Come From? – NYTimes.com
- Opinion: Paul Krugman vs. the world – Joe Scarborough – POLITICO.com
- My Talking Head Does Morning Joe – NYTimes.com
- Memo To Deficit Scolds: I Hear What You’re Saying – NYTimes.com
- Joe Scarborough, Paul Krugman and the economist-pundit divide on debt and deficits
- Brad DeLong : Why Oh Why Can’t We Have a Better Press Corps? Joe Scarborough Edition
- Brad DeLong : Why Oh Why Can’t We Have a Better Press Corps?: Julia Ioffe of the New Republic Takes 5000 Words and Turns Ezra Klein into a Mere Personality Weblogging
- The National Memo » Dismal Indeed: Why Dick Cheney Disdains The ‘Second-Rate’ Obama Team
…For sage advice on security policy and personnel, after all, there is no living person whose approval could be more meaningful than Cheney. It is hard to imagine a record as profoundly impressive as that of the Bush-Cheney administration, back when everyone knew that he was really in charge of everything important — especially the war on terrorism, the war in Iraq, and the war in Afghanistan.True, Cheney’s intelligence apparatus failed to capture or kill Osama bin Laden after 9/11 – indeed, failed to prevent the 9/11 attacks, despite ample warnings that began with Bill Clinton’s farewell message in January, 2001 and culminated in a blaring President’s Daily Brief from the CIA in August 2001. True, Cheney’s defense command allowed bin Laden and Mullah Omar to escape following the invasion of Afghanistan, while American and NATO troops slogged through that deadly conflict without a plausible goal or even an exit strategy. And true, the national security cabinet run by Cheney misled the nation into war against Iraq, on false premises, without adequate preparation or clear objectives, at a cost of many thousands of lives and trillions of dollars. And true, too, the ultimate result was to embarrass the United States repeatedly while increasing the regional power of the mullahs in Iran.
How can Obama presume to compare his own record with all of that?…(read the complete article…)