Krugman is getting close to the edge

[grantcart]

84. I responded to a more general criticism of Krugman in 82.

As to your "Krugman has a history", I don't find your generalization the least bit accurate but if it makes you feel good about Krugman go ahead.

When the stimulous package was being passed Krugman took a lot of potshots at Obama for being to small (even though it was the largest ever attempted and dwarfs what the European Community attempted).

But even if he said that this will "pass the senate" he was wildly inaccurate.

The stimuluous that was passed passed by a single vote.

You can say whatever you want about what you 'think' will pass the Senate but that doesn't mean that it will.

The bottom line which I lay out in # 82 above is that Krugman is great about telling others what risks that they should be taking, he just won't take any himself.

He has permanent tenure and writes articles. He doesn't step down and run for office, and he hasn't been able to convince and organize fellow economists to make an academic stand. So what risks does he take?

If you want to worship the benign Krugman, fine with me. He's a smart guy and I basically agree with him.

I would take one Elizabeth Warren over 20 Paul Krugmans.

She took a risk, she got an agency started, she is running for election. She is going to change people's minds. Krugman could run for office or he could organize 100 leading economists to sign a letter. He sits in Firestone library and writes a column and never risks a thing.