Wednesday, August 13, 2003

Krugman to Usurp Clenis

I never thought it possible, but wingnuts of all kinds are starting to give credit/blame to Krugman for, well, everything. We haven't seen this kind of hysteria since the Clenis came to town. He will be happy to know he's now responsible for even more likely Nobel Prize winning economic theories.

Apparently there's now a "Krugman/Keynes" theory. It's new to me, but wingnut economists should stop referring to all "economics we don't like" as "Keynesian" (or "Krugman/Keynesian"!!). It generally just demonstrates they don't have a clue about economics, or a clue about what Keynesianism actually is.