Krugman on Stimulus Skeptics

topics:

Stimulus Plan

gregmankiw.blogspot.com - 1/19/2009

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Paul Krugman is unhappy with the economics profession : What’s been disturbing, however, is the parade of first-rate economists making totally non-serious arguments against fiscal expansion. You’ve got John Taylor arguing for permanent tax cuts as a response to temporary shocks, apparently ...

krugman.blogs.nytimes.com - 1/19/2009

Economists, ideology, and stimulus

— krugman.blogs.nytimes.com — Mark Thoma and Brad DeLong are both, in slightly different ways, perturbed by the state of debate... over fiscal stimulus. So am I. This has not been one of the profession's finest hours. There are certainly legitimate arguments against spending-based ... (more) Economists, ideology, and stimulus

Stimulus Plan

Comments vote down Midas Oracle .ORG found this 1/19/2009found this

gregmankiw.blogspot.com - 1/16/2009

More Spending Stimulus Skeptics

— gregmankiw.blogspot.com — The Chicago Tribune reports : John Cochrane, a professor at the University of Chicago Booth School of... Business, says that among academics over the last 30 years, the idea of fiscal stimulus has been discredited and in graduate courses, it is ... (more) More Spending Stimulus Skeptics

University of Cambridge

Stimulus Plan

Comments vote down The Austrian Economists found this 1/16/2009found this

austrianeconomists.typepad.com - 1/27/2009

Stimulus or Carpe Diem? The New Deal Wasn't a Stimulus Package Either

— austrianeconomists.typepad.com — One of the (correct) complaints about the proposed stimulus plan is that it's full of all kinds... of programs that would appear to have nothing to do with any accepted economic theory about what sorts of spending could even possibly lead to recovery. ... (more) Stimulus or Carpe Diem? The New Deal Wasn't a Stimulus ...

Stocks

Stimulus Plan

Comments vote down TRUTH ON THE MARKET found this 1/27/2009found this

Blog Reactions

Economist's View: "Economists, Ideology, and Stimulus"

QandO: Krugman on ideology driven arguments

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"Economists, Ideology, and Stimulus"
Economist's View — ... have decided on political grounds that they don’t want a spending-based fiscal stimulus — and that these political considerations have led them to drop their usual quality-control standards when it comes to economic analysis. Has there been any comparable outbreak of mass bad economics from good liberal economists? I can’t think of one, although maybe that’s my own politics showing. In any case, what’s happening now is pretty disturbing. Greg Mankiw's response is: Let me make clear: When I link to another economist here on ...

Krugman on ideology driven arguments
QandO — ... to stimulus, regardless of the quality of their argument. Needless to say, everyone I’ve mentioned is politically conservative. That’s their right: economists are citizens too. But it’s hard to avoid the conclusion that all of them have decided on political grounds that they don’t want a spending-based fiscal stimulus — and that these political considerations have led them to drop their usual quality-control standards when it comes to economic analysis.Mankiw responds. Shorter Krugman - They’re ideologically driven, but I’m ...

Related Content

More Spending Stimulus Skeptics
gregmankiw.blogspot.com 1/12/2009 — Gary Becker : Perhaps their [Romer and Bernstein's] estimates of the stimulus provided by direct government spending are in the right ballpark, but I tend to believe that they are excessive. For one thing, the true value of these government programs ...

PAUL KRUGMAN (video)
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Disagreeing With Paul Krugman
capitalgainsandgames.com 2/8/2009 — Paul Krugman doesn't believe that the stimulus bill is likely to be enough to get the job done and seems almost despondent about the fact that the compromise that will allow something to pass the Senate made it even smaller. Krugman thinks this bill ...

In Which We Love Some But Not All Stimulus Spending Skeptics...
delong.typepad.com 1/30/2009 — Arnold Kling feels lonely and unloved: I'm feeling somewhat lonely these days. My understanding of macroeconomics is closer to that of Paul Krugman, Mark Thoma, and Brad DeLong than it is to that of Robert Barro, John Cochrane, or Eugene Fama. ...

Democrats Among Stimulus Skeptics
washingtonpost.com 1/28/2009 — Some See Long-Term Goals Going Unmet Washington Post Staff Writer Wednesday, January 28, 2009; Page A01

"Economists, Ideology, and Stimulus"
economistsview.typepad.com 1/19/2009 — Paul Krugman says what I've been trying to say: Economists, ideology, and stimulus, by Paul Krugman : Mark Thoma and Brad DeLong are both, in slightly different ways, perturbed by the state of debate over fiscal stimulus. So am I. This ...

Stimulus Spending Skeptics
gregmankiw.blogspot.com 12/20/2008 — An AP story reports : Obama advisers, including Christina Romer and Lawrence Summers, have been contacting economists from across the political spectrum in search of advice as they assemble a spending plan that would meet Obama's goal of preserving ...

Krugman on the debt
cafehayek.com 8/28/2009 — Political Math takes Krugman to task . PM does it very well.

Krugman: Wall Street Voodoo
calculatedriskblog.com 1/19/2009 — Paul Krugman explains (once again) why "bad banks" won't work: Wall Street Voodoo Also see Krugman's blog today: More on the bad bank

What Krugman Was Really Thinking
freakonomics.blogs.nytimes.com 12/3/2008 — What was Paul Krugman thinking when he met President Bush last week? Here's a list of over 300 photo captions from readers of this blog, and another couple hundred from Marginal Revolution here (with others here and Tyler Cowen's favorites ...