Looking for Dr. Goodpain? Check the Reflection in the Mirror Dr. Krugman

Far be it from me to cast a pox on what has been one of the only few bright lights in the last few years but premises matter.  In Krugman’s recent Looking for Mr. Goodpain  he presents a reasonable derision of those pushing austerity in the face of zero evidence it actually works to restore ...

Bullshit in absolutes: or how ‘liberal’* economists argue with themselves

We can perhaps amend an old Ethiopian saying to read “absolutes are for infants and kings”.  It is catechism worth remembering when arguing with liberal economists.  For theirs is not a just sport.    In fact, one should never mix sport with justice.  As Berlin said long ago (1958): Everything is what it is: liberty ...