Wednesday, June 16, 2004

Paul Krugman: makes weathermen look omniscient

There is wrong. There is shockingly wrong. And then there is "Paul Krugman" wrong.

I wish I had his gig, because it apparently involves making stuff up that doesn't have to have any basis in reality. Easy money!

Anyway, for the latest Krugman foible...actually, it's an old one. Read about his blindingly stupid economic predictions while a member (briefly) of the CEA during Reagan's first term, courtesy of Donald Luskin. After you're done, you'll understand why his stay was so brief.

Then read Luskin's other stories on Krugman. Great, great stuff.

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