tag:blogger.com,1999:blog-6276561747841568697.post598844472083430299..comments2024-03-27T05:23:48.855-04:00Comments on Krugman-in-Wonderland: Just Who Is Spreading Humbug?William L. Andersonhttp://www.blogger.com/profile/01802990642236807359noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-6276561747841568697.post-256341695895057812010-12-27T10:52:08.848-05:002010-12-27T10:52:08.848-05:00Federal debt creation is nothing more than a monet...Federal debt creation is nothing more than a monetary operation. Laws of scarcity are irrelevant.<br /><br />And for the record, I have never slandered Prof. Anderson. I enjoy the back and forth and he seems like a pretty nice guy, but I will point out when I feel he is being exactly what he accuses Krugman of: an ideologue. Both Krugman and Prof. Anderson and pretty much any economist these days are driven by politics and ideology. It's a shame. <br /><br />And sure, I'm guilty of saying some pretty over the top things, but the blog has become crowded with the copy and paste crowd and other 'austrian' blogs have become crowded with political nonsense or just claim morality when you point out there ignorance. To Prof. Anersons credit, he at least makes an attempt to provide some (vet weak) defense to the inflationist/defaultist views of so called Austrians'sb101https://www.blogger.com/profile/05719317618259246022noreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-19619323351219383082010-12-26T13:24:15.662-05:002010-12-26T13:24:15.662-05:00According to Krugman, there is no Krugman. Puzzle ...According to Krugman, there is no Krugman. Puzzle that one out.<br /><br />Tel I think that is the best line I've heard this year. Bravo.Robhttps://www.blogger.com/profile/07694526454669790736noreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-38021004931678051112010-12-26T05:24:11.875-05:002010-12-26T05:24:11.875-05:00"According to Krugman, there is no Media Matt..."According to Krugman, there is no Media Matters, no Center for American Progress, no Daily Kos, and no New York Times, Time, Newsweek, MSNBC, or Washington Post."<br /><br />According to Krugman, there is no Krugman. Puzzle that one out.<br /><br />The real answer of course is not to confuse the message with the messenger. If the Koch bros say something or Soros says something, then pretend you had no idea who was saying it and see if it actually makes sense from your own experience. If the offer seems like an amazing breakthrough that lets you have all you ever wanted without working for it... presume it's a scam before considering too much further.Telhttp://lnx-bsp.net/noreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-31338935178413939372010-12-25T08:09:39.454-05:002010-12-25T08:09:39.454-05:00David,
I really don't consider AP's comme...David,<br /><br />I really don't consider AP's comments (or those of LK) to be slander. Yeah, not-nice things are written, but that is part of having a blog like mine which is going to invite people who don't agree.<br /><br />I'm glad that not everyone who posts here agrees with me because those comments stir a lot of debate on the comment section, which I think is good. Believe me, I've been called much worse than what AP or LK write.<br /><br />Nonetheless, a Merry Christmas to everyone wherever you are. Here in Finzel, it is snowing moderately, which will add some nice powder to an already-established base. It will be soon to take the X-C skis out and give the dogs some exercise!<br /><br />Have a wonderful and blessed day. If possible, please visit my other blog to see a wonderful song by the University of Utah Singers.William L. Andersonhttps://www.blogger.com/profile/01802990642236807359noreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-32381549709911303312010-12-25T06:37:52.956-05:002010-12-25T06:37:52.956-05:00Bob,
I've asked that very same question to T...Bob, <br /><br />I've asked that very same question to The Pragmatic Capitalist and his response was that he didn't see how the Law of Scarcity applies to federal debt. AP Lerner, I am certain, feels the same way but is not honest enough to admit it. He'd rather slander Professor Anderson and embarrass himself on every post. (I don't think he has a life.)<br /><br />Those are the kinds of lunatics that make up the MMT field. At the core of their ideology, they replace fundamental economic law with State worship. The rest is just a cover.David in Qatarnoreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-90814106791686218132010-12-24T23:02:43.624-05:002010-12-24T23:02:43.624-05:00I'd rather bet that the Chartalists will never...I'd rather bet that the Chartalists will never explain where all of the stuff is going to come from to satisfy all of this unpayable debt.<br /><br />And let's not forget that EVERYONE has an ideology and that EVERYONE applies theories to perceived facts.Bob Roddisnoreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-64007266287934879282010-12-24T19:47:20.581-05:002010-12-24T19:47:20.581-05:00Haha...and yet another fine post critiqueing Krugm...Haha...and yet another fine post critiqueing Krugman from the Austrian perspective :). Prof. Anderson-you're becoming more and more like Krugman with ever post! No analysis, little thought, lots of ideology!<br /><br />Happy Holidays!!!!!<br /><br />PS. Instead of this silly Murphy/Krugman debate, maybe, for charity, you two could put some money up on your inflation/dollar collapse/default scenario you claim is around the corner??????! I'm in...sb101https://www.blogger.com/profile/05719317618259246022noreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-6460316891615797992010-12-24T18:26:35.112-05:002010-12-24T18:26:35.112-05:00All hail the Krugtard!All hail the Krugtard!the anti-krugtardnoreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-4880676095293655022010-12-24T17:00:53.129-05:002010-12-24T17:00:53.129-05:00Krugman also doesn't understand the difference...Krugman also doesn't understand the difference between private charity and a welfare state because he believes that Dickens was referring to the "welfare state" when Scrooge refused to help a poverty fund.Unknownhttps://www.blogger.com/profile/00506807495889428181noreply@blogger.com