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Optimism
Krugman expresses a tiny bit of optimism that they're just pretending to be fools. I know it's accepted conventional wisdom that Larry Summers is a very smart guy, but that doesn't make it true.
Economic Optimism Reaches 20-Month High
Economic Optimism Reaches 20-Month High
gallup.com — PRINCETON, NJ -- Public optimism about the U.S. economy -- although still scarce, with only 27% of... Americans saying the economy is getting better and 67% saying it is getting worse -- is now broader than at any point in Gallup's 15 months of daily ... (more) Economic Optimism Reaches 20-Month High
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Occam's Razor
Lawyers, Guns and Money — I dunno, I also don't have much trouble believing that Saint Larry does, in fact, sincerely believe in a lot of nutty conservertarian ideas; he certainly wouldn't be the first talented academic to do so. And in particular, I don't have a great deal of faith in ...

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Summers fires back at Krugman for 'hocus-pocus' column
briefingroom.thehill.com 3/24/2009 — Nobel Prize-winning economist and New York Times columnist Paul Krugman did not seem to understand the Treasury Department's toxic asset relief program when he criticized it as "financial hocus-pocus" today, National Economic Council Chairman Larry ...
Summers beats back at KrugmanCNN Political Ticker
Summers appeared on CNN's The Situation Room Monday. (CNN) – President Obama's chief economic adviser Monday beat back recent criticism from liberal economist Paul Krugman over the administration's latest bank rescue plan, telling CNN ...