Professor Paul Krugman and Rep. Ron Paul (R-Texas) went head to head on BloombergTV this week. True to his neo-Keynesian form, Prof. Krugman insisted that the US government could and should add further debt to stimulate growth. Rep. Paul responded by asking how much debt would be too much, to which [...]
|
Ron Paul attempts to correct Paul Krugman’s ideas about history and the economy. Note that Krugman never counters Rep. Paul’s basic ideas about the economy and the Fed. The Professor really fails to make any good arguments. I have to admit though, that Rep. Paul often gets lost in the trees and fails to hammer home the [...] |
|
© 2013 The Daily Capitalist - Nothing in this blog should be considered to be investment advice. The opinions expressed herein are those of the author and not necessarily those of The Daily Capitalist. The Daily Capitalist is published by Montecito Analytics, LLC. All Rights Reserved. |
