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Nullius in verba
Real Americans and Real Economics
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Krugman NAILED IT!!!
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What made me think about that concept is something sort of parallel I’ve noticed about the reaction to my writings. Often, I find, the most rage-filled emails and voice mails come after I’ve written something fairly economistic, like today’s piece. And typically, part of the rant is something along the lines of “You call yourself an economist?” You see, the person delivering the rant has a notion of what economics is; he (it’s almost always a he) believes that “real economics” is about singing the praises of free markets — basically Capitalism Roolz. It’s inconceivable to him that you could have a more nuanced view without being a Marxist. And he’s outraged both that I have the temerity to claim that I’m doing economics and that other people seem to take me seriously.
Krugman NAILED IT!!!