Friday, November 13, 2009

Paul Krugman a Dope & Witchdoctor says Jas Jain

According to Jas Jain, Nobel Prize in economics winner Paul Krugman is not only a witchdoctor but a "born-and-bred American dope."

-------- Original Message --------
Subject: EXPOSING Witchdoctor Krugman
Date: Fri, 13 Nov 2009 08:50:03 -0800
From: Jas Jain



Thomas Farley said...

As I'm sure many have noticed, Krugman was deriding German "obstructiveness" and "boneheadedness" last December when attacking their response to the recession.

Today, he thinks they're a role model.

Last year he said to "hold your nose" and support the TARP, this year he laments that banker-friendly bailouts are unpopular with voters.

I think it would be useful if he showed his readers how he gets from one view to another and how they are reconciled. As it stands, it just looks like a weather report on which way the wind is blowing.

http://krugman.blogs.nytimes.com/2008/12/11/the-economic-consequences-of-herr-steinbrueck/


http://economistsview.typepad.com/economistsview/2009/11/paul-krugman-free-to-lose.html#comments

-x-x-x-x-x-x-

Vow! I had dinner with a friend over the weekend and he said that Krugman seems very smart but he can’t understand Krugman’s views.


The most important thing to note is that Paul Krugman is a born-and-bred American dope, in the area of economics!, first and anything else, e.g., Nobel Prize winner in economics, after that. Being a born-and-bred America dope trumps all other accomplishments when it comes to understanding the American econo-political system. This handicap is very hard to overcome. Other born-and-bred American dopes (among economists) in the area of economics that have done lot of harm are--Bernanke, Greenspan and Summers.


Jas

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