Codger on Politics

Tuesday, July 15, 2014

A Krugman Ditto, of what has been said about him

A Krugman Ditto, of what has been said about him

http://www.forbes.com/sites/ralphbenko/2014/07/14/is-paul-krugman-leaving-princeton-in-quiet-disgrace/

""Volcker's comment, in full context:

The responsibility of the government is to have a stable currency. This kind of stuff that you're being taught at Princeton disturbs me. Your teachers must be telling you that if you've got expected inflation, then everybody adjusts and then it's OK. Is that what they're telling you? Where did the question come from?

Is Krugman leaving in disgrace? Krugman really is a disgrace … both to Princeton and to the principle of monetary integrity. Eighteenth century Princeton (then called the College of New Jersey) president John Witherspoon, wrote, in his Essay on Money:

This was followed by a show-stopping statement: "This kind of stuff that you're being taught at Princeton disturbs me."

Taught at Princeton by … whom?

Paul Krugman, perhaps? Krugman, last year, wrote an op-ed for the New York Times entitled Not Enough Inflation. It betrayed an extremely louche, at best, attitude toward inflation's insidious dangers. Smoking gun?""

Paul, the peak if Liberal intellectualism is exposed for what we knew he was. Will the low information voter notice?


Dave Farnsworth

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