Monday, May 28, 2012

The World's Worst Economist

Krugman is a most unusual economist. Others may measure their words, issue caveats, acknowledge that the research isn’t conclusive, admit that their biases influence their reading of facts. Not Krugman. Krugman is remarkable for his freewheeling writing style, which frequently leads to lively metaphors (“invisible bond-market vigilantes,” “confidence fairy”). He is often dismissive, misleading and tendentious. He changes the subject, ignores inconvenient evidence and plays playground bully to people he sees as ideological enemies (a list longer than Nixon’s). He blasts away at others’ work without even providing the basic courtesy of a link to what he’s talking about, which is a disservice to readers who might like to review the other side of the argument to decide for themselves.


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