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Part 2: Battle Of The Economic Juggernauts (D) Krugman Vs (R) Taylor

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Uploaded by on Jul 13, 2009

This is part 2 of Krugan vs Taylor . For people who don't follow politics , this will seem like just another debate .However, for political junkies , this is the Superbowl of economic debates .You have the noble prize winning economist and liberal leaning Paul Krugman . On the other side of the ideological spectrum you have right leaning John Taylor . In his own right (no pun intended) Taylor is also a brilliant professor of economics at Stanford . They both debate the stimulus , health care , etc . In my view Krugman mops the floor with Taylors views .Some will say because I'm Bias .No I assure you when it comes to fixing the economy , I'm not . Krugman does a really good job explaining the current economic issues .

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  • it should have been Thomas Sowell vs. Paul Krugman... that would have been interesting

  • Paul Krugman won the nobel prize for his developments in international trade economic geography so, although he is a smart guy, his opinion on health care for instance should not be taken as the most efficient economic path for our country. He is certainly correct about the plan to open up competition between insurance companies however the statistic about medicare being more efficient than the private firms seems completely distorted.

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  • @triviumecj its not distorted, look at the data. obviously youre gonna save money when you dont spend half your time and resources figuring out who is (un)worthy of insurance

  • paul, a living legend. take it all in

  • @triviumecj What was Taylor's economic plan for health?

  • Haha interest rates still have yet to go up. What an idiot this stanford economist is.

  • Durrhhh "I don't see how you think the government is gonna do a better job of operating healthcare." He just told you, you idiot! Damn, do just a little research o.k. and quit being so blind and thickheaded. Typical conservative. Lalala Don't like facts or statistics lalala.

  • I'm glad to see that educated men with very different political affinities can still debate in a civil way.

  • @TheSlothook There are *a lot* of other differences between elective surgery and health care in general. When you compare disparate populations I'd be careful not to assert too strong an inference. It might be more useful to compare the health care of countries running different systems (like the US v France or Canada)

  • Zombie Milton Friedman vs. Paul Krugman... that would be interesting

  • @triviumecj medicare, most effective govt program ever.

  • Please note that my book Keynes Hayek: The Clash That Shaped Modern Economics is published by W.W.Norton in October.

    Professor John B.Taylor says that: “Nicholas Wapshott brings the Keynes-Hayek fight of the 20th century back to life, making the clash both entertaining and highly relevant for understanding economic crises of the 21st century.”

    Read an extract at: sites.google.com/site/wapshott­keyneshayek/

    Nicholas Wapshott

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