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 2 years ago
By William L. Anderson On Monday, August 27th, 2012
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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
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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
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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
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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
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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
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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
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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 Monday, May 21st, 2012
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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...

By William L. Anderson On Sunday, May 20th, 2012
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Krugman: The USA should borrow and spend itself into prosperity

Paul Krugman is on the austerity kick again, and in part, he is right. The austerity measures that have been imposed upon Ireland and Greece by the European Union, are awful, and they are imposing a lot of suffering. There More...