Krugman: Eat your broccoli and shut up!

[Update]: I include commentary from David Henderson on Krugman’s column. Henderson writes: Well, guess what? I’m a health-care expert. In fact, I was employed as one for two years by the same boss who employed Paul Krugman, namely, Martin Feldstein. From 1982 to 1984, I was the senior economist for health policy with the Council of Economic More...

by William L. Anderson | Published 3 years ago
By William L. Anderson On Monday, August 27th, 2012

Yeah, Krugman, the Koch Brothers killed Trayvon Martin

[Update]: In his screed that is the subject of this post, Krugman claims that corporations are the main reason for the rise in prison population. Notice that he conveniently leaves out the role of public employee More...

By William L. Anderson On Wednesday, August 22nd, 2012

Krugman: Not enough economic destruction

There are times when Paul Krugman is merely outrageous, and then there are times when he really lets himself go, and this column reflects the latter. In one fell swoop, Krugman exposes his ignorance on money, on More...

By William L. Anderson On Monday, June 4th, 2012

Tuscaloosa just needs to ‘believe in government’

In the aftermath of natural disasters, the standard Paul Krugman line is that only government can fix the problems, and that if one just “believes in government” with all one’s heart, soul, and More...

By William L. Anderson On Monday, June 4th, 2012

The Amnesia Economist by Dr William Anderson

One of the supposed rules for New York Times columnists is that they not endorse candidates or be overly politically partisan in what they write. That is a howler, of course, as the entire newspaper is little more More...

By William L. Anderson On Tuesday, May 29th, 2012

Paranoia, Democrats, and the Speculators

Now that a Democrat is in the White House, I find it interesting that near-record gasoline prices somehow have nothing to do with Barack Obama. When gas prices four years ago went up under the Bush White House, More...

By William L. Anderson On Thursday, May 24th, 2012

Will inflation save Europe?

In a recent column, Paul Krugman says that Europe essentially is committing “economic suicide” with its various “austerity” programs, with the only thing that can save the Continent being More...

By William L. Anderson On Wednesday, May 23rd, 2012

State-administered medical care: not exactly a low-cost panacea

I have a lot of arguments with Keynesians, the first being that they are not really speaking of economics, per se, but rather concentrate upon the administration of state power. To a Keynesian, there are no real More...

By William L. Anderson On Tuesday, May 22nd, 2012

Bob Wenzel at the Fed

Bob Wenzel recently spoke at the New York Federal Reserve Bank and I include both his speech, which is a classic, and his remarks about the background of the speech. One thing I find interesting is that none of More...

By William L. Anderson On Monday, May 21st, 2012

Krugman’s ‘caste’ nonsense

Paul Krugman really does not seem to understand the effect of third-party payments, and he especially does not understand when it comes to the government and the cost of higher education. In a recent post, he implies More...