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View Full Version : Krugman's laughable article on the Austrian Theory - please digg




MEGAMERICAN
10-13-2008, 02:52 PM
http://digg.com/business_finance/Nobel_Winner_s_Laughable_Article_on_Austrian_Econo mics

Paul Krugman, the 2008 Nobel prize winner in Economics wrote a critical article for Slate on the Austrian theory of economics. He fails to grasp that human beings save, instead asserting that they either invest or buy consumer goods. This financial crisis more than proves him wrong. He deserves a dunce cap, not the Nobel.

Conza88
10-13-2008, 05:03 PM
He needs to go jump of a cliff and take his Das Kapital with him.

CzargwaR
10-13-2008, 05:31 PM
Wow...printing money is a good thing? HOLY SHIT!!!!

Article was from 10 years ago, maybe he has some respect for it now?

werdd
10-13-2008, 05:32 PM
I hate krugman, he probably sniffs his own farts.

Keynsian communist POS.

The Mind of a Liberal = a dumbass.

Alawn
10-13-2008, 06:09 PM
Why digg an anti Austrian article full of Keynesian ideas? Most people who read it would be too dumb to realize he was wrong.

OferNave
10-13-2008, 06:16 PM
Different post, same topic on the front page of Digg right now:

http://digg.com/politics/Bush_critic_Krugman_wins_2008_Nobel_for_economics_ 2

Chieftain1776
10-13-2008, 06:16 PM
Why digg an anti Austrian article full of Keynesian ideas? Most people who read it would be too dumb to realize he was wrong.

Agree probably counter productive.

mport1
10-13-2008, 06:48 PM
dugg

axiomata
10-13-2008, 08:39 PM
Is there a point by point refutation of this article floating around?

No1ButPaul08
10-13-2008, 08:52 PM
Is there a point by point refutation of this article floating around?

I haven't actually read any of these...but found them linked on the mises forums and bookmarked it

http://mises.org/story/103
http://mises.org/story/105
http://mises.org/story/630
http://mises.org/misesreview_detail.aspx?control=53

Knightskye
10-13-2008, 08:57 PM
Is there a point by point refutation of this article floating around?

I think I'd rather Digg that than some Slate article full of misinformation.