Paul Krugman On Niall Ferguson

The war is on between Paul Krugman and Niall Ferguson. At least this one generates some laughs. 4/15/10.

Category:

People & Blogs

Tags:

• Paul Krugman economist
• Niall Ferguson historian
• academic warfare
• Krugman Ferguson 2010
• Paul Krugman 2010
• economist vs. historian
• stimulus vs. austerity
• Princeton University faculty
• Princeton University Professor

[bcfsl]

And where is Krugman now?....

[wworldp]

@bcfsl Woodrow Wilson School at Princeton.

[tubub]

I laugh at Krugman all the time.

[dadoody]

Ferguson's much more insightful.

[profd65]

@JoeBrenn

Dude, fuck off.  It's you Republican chimps that sank the economy. Cut taxes on the super rich, deregulate Wall Street and turn it into the Wild West, and wage two unnecessary, multi-trillion dollar wars--yea that worked fucking great, didn't it?

YOUR ideas FAILED. You need to learn some humility.

[15Arigold]

Ferguson's main idea is that Keynesian is not the solution in this case, and with a 1.8T deficit and 15T in debt where we are, it's hard to argue that this can continue. If you want to follow Krugman down this path goodluck and learn mandarin

[82goggles]

@natashaardiani Ferguson's a hack, plain and simple.

[JoeBrenn]

Ah, it's nice to see Krugman so glib while Keynesian economics drives the world's governments into massive deficits, and then continues to prescribe yet more spending to get the governments out of the mess...

[natashaardiani]

Krugman should be thankful there is people like Niall Ferguson around from keeping history from repeating itself but it's totally up to government and decision makers to listen or not while he can just stand on the side bench and tell everyone, "I told you so."

[willsmc10]

Focus on your mathematics and numbers while ignoring people, trends, and above all HISTORY and at the end of the day Niall Ferguson will simply say, "I told ya so..." Yeah, I guess the Senior Research Fellow of Oxford University does not know a single thing huh? Oh wait...

[fxnooodle]

Krugman, you should have said "he does not understand KEYNESIAN economics 101".

[nhwapshott]

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