Friday, July 19, 2013

Paul Krugman’s Nasty and Inane Attack on ‘Libertarian Populism’

It’s got to be a pretty good gig to be Paul Krugman. He’s rich enough to bitch to The New Yorker about not being able to afford a home in St. John so, sigh, St. Croix has to do. He’s got tenure at the second-best college in New Jersey, an equally secure gig at the second-best newspaper in New York, and he’s even copped a Nobel Prize (economics, but still). He’s asked for his opinion on pop bands in a way that I’m pretty sure Milton Friedman or John Kenneth Galbraith never experienced (thank god for small favors). “The New Pornographers are probably technically better than Arcade Fire,” he’s solemnly sworn to Playboy. “But what the hell? It’s all good.”

The man also known as Krugtron the Invincible is able to utter such fallacious conventional deep thoughts as “the Great Depression ended largely thanks to a guy named Adolf Hitler” and that the 9/11 attacks were just the ticket to goose the soft early-’00s economy in lower Manhattan (“All of a sudden, we need some new office buildings,” he actually wrote in the Times on September 14, 2001) and still be taken seriously.

More at THE DAILY BEAST

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