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« Free Reads -- Steven Pinker | Main | Free Reads -- Michelle Malkin »

September 13, 2002

Free Reading -- Random Jottings

Michael

All Friends of Truth and Humor! Ye must check out "Random Jottings: A weblog by John Weidner," here -- especially the running comments on New York Times demogogue Paul Krugman. These run under the heading of "Krugman Truth Squad" and are now up to 40 installments. His mix of careful analysis (where does Mr. Weidner get the time to put graphs and such together?) and street-smart language is to die for.

A brief example from installment #36:

In effect, the whole field [of macroeconomics] has been reduced to a battle of anecdotes, usually based on a sample of one event. The death of the Blinder/Rubin doctrine [that high taxes increase fiscal discipline, fiscal discipline gives lower long-term interest rates and lower long-term rates promote investment and economic growth] is just the latest casualty of a single-event macro theory. And it has left Paul Krugman up shit creek without a paddle. He's probably hoping no one will notice. But the Squad is on the case.

Cheers,

Friedrich

posted by Friedrich at September 13, 2002




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