I have a master's in economics. You are completely incorrect about austrian economics. Austrian's believe that the market corrects itself. Your whole "supply side" statement doesn't make any sense nor is it the philosophy of the austrians.
@d0minatl0n Well first off, he won the prize with a paper on the topic of international trade not policy. (Although I am sure he understands that side as well) The problem with Krugman as an economists is that he believes a specific "genre" of theory (among many conflicting theories) in economic...
I have a master's in economics. You are completely incorrect about austrian economics. Austrian's believe that the market corrects itself. Your whole "supply side" statement doesn't make any sense nor is it the philosophy of the austrians.