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CNBC host calls economists Paul Krugman and Dean Baker ‘co-communists’
On Tuesday, Joe Kernan, host of the the CNBC show “Squawk Box” called Nobel laureate and New York Times columnist Paul Krugman and co-director of the Center for Economic and Policy Research (CEPR) Dean Baker “co-communists.” Attacking a Huffington Post piece debunking claims Burnett made about Federal Reserve policy, Kernan…
Sen. Rand Paul slams ‘allegedly smart’ Krugman for ‘disingenuous’ statistics
Republican Sen. Rand Paul of Kentucky insisted Monday that economist Paul Krugman was being “disingenuous” during a debate on ABC’s This Week. During the show on Sunday, Paul skeptically asked Krugman why he believed the public sector was currently struggling and if there were fewer government employees under President Obama…
Krugman: Ryan ‘mythical conservative’ in media, GOP’s dreams
New York Times columnist Paul Krugman questioned the budget math of Rep. Paul Ryan (R-WI) in an appearance on Current TV Wednesday, saying he had duped conservatives and members of the media into thinking he has a serious budget plan when he really doesn’t. Krugman noted, as he often has…
Krugman: ‘Now is not the time to get rid of those public deficits’
In order to avoid a full-on depression, the U.S. government needs to ignore the size of the deficit and start spending to stimulate the economy, Nobel Prize-winning economist Paul Krugman tells us. “Somebody has to spend more than their income, and, for the time being, that has to be the…
Krugman explains the gradual march to economic crisis
Thursday on PBS Newshour, Nobel prize-winning economist Paul Krugman explained the relevance of Hyman Minsky’s theory on the current economic crisis. “One of his arguments was exactly that you have, you have a depression, you have a bad scene and everybody gets cautious and that caution gives you several decades…
Krugman takes dig at Romney in Netroots Nation address
Paul Krugman addressed the Netroots Nation conference on Saturday morning and took a dig at the Republican nominee for president, former Massachusetts Governor Mitt Romney (R). Talking Points Memo reports that while his speech was brief, it pulled no punches. The Nobel Laureate said that the current state of the…
Estonian president blasts Krugman over GDP graph
Estonian president Toomas Hendrik Ilves mocked Nobel Prize-winning economist Paul Krugman on Wednesday over a column published in the New York Times. “Let’s write about something we know nothing about & be smug, overbearing & patronizing: after all, they’re just wogs,” Ilves wrote on Twitter in response to the column.…
Eliot Spitzer: U.S. needs ‘big, old-fashioned Keynesian stimulus’
Former New York Gov. Eliot Spitzer said Monday that the United States needed to invest in the public sector, because the country’s current policies clearly were not revving up the economy. “One thing that could help is a big, old-fashioned Keynesian stimulus,” he said on his Current TV show Viewpoint.…
Krugthulhu Versus Mechacentrist
It’s time to get your Village kaiju fight on. Giant monsters everywhere, and yet this one has seemingly been defeated before it could shoot lasers out of its mouth. Centrist lasers. Paul Krugman mourns today’s putative opponent, Americans Elect. And the center not only did not hold, it couldn’t seem…
Krugman compares Republican economic plan to blood-letting
Nobel Prize-winning economist Paul Krugman said Saturday that Republican-backed austerity measures — such as cutting government spending and reducing public services — were self-defeating “We are very much like medieval doctors who thought the treatment for illness was to bleed you, then when the patients got sicker they bled them…
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