Paul Krugman came up in another thread. Here he is with Ron Paul...
Paul Krugman came up in another thread. Here he is with Ron Paul...
Stoney (05-01-2012)
So Krugman saw massive failure of system with 8% jobless rate. He sure does a lot of back talking. Plus he admits openly that he wants to print money. Whats your take Chris?
History does not long Entrust the care of Freedom, to the Weak or Timid!!!!! Dwight D. Eisenhower ~
I naturally lean toward Paul's view. :-P
The best line in the video was Paul's comeback to Paul's accusation he wants to take us back 150 years, you, he says, want to take us back 1000 years, 2000 years.
Paul is an Austrian. The other Paul a neoKeynesian.
History does not long Entrust the care of Freedom, to the Weak or Timid!!!!! Dwight D. Eisenhower ~
Yet Ron Paul quotes Friedman although Friedman wasn't for a gold standard - citing the gold standard as neither feasible nor desirable - either Ron Paul the family practitioner turned politician is right or Krugman and Friedman the Nobel Prize in the area of economics laureates are right.
I'd posted earlier that Krugman is right half the time - which in this YouTube kinda drives that point home - Ron Paul on the other hand is $#@!'n crazy.
keyser soze (05-01-2012)