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Paul Krugman Schools George Will On The Great Depression
Paul Krugman Schools George Will On The Great Depression
On ABC's This Week, conservative pundit George Will took up the case against Franklin Roosevelt's New Deal, arguing that it sent confusing signals to capitalists (who apparently might otherwise have pursued lucrative deals in the 1930s market place) and turned a depression into the Great ...
The Krugman Recipe for Depression
online.wsj.com — Paul Krugman of the New York Times has been on the attack lately in regard to the... New Deal. His new book "The Return of Depression Economics," emphasizes the importance of New Deal-style spending. He has said the trouble with the New Deal was that it ... (more) The Krugman Recipe for Depression
The Associated Press: Krugman: US auto industry will probably disappear
google.com — 13 hours ago STOCKHOLM, Sweden (AP) Nobel economics prize winner Paul Krugman said Sunday that the beleaguered... U.S. auto industry will likely disappear. "It will do so because of the geographical forces that me and my colleagues have discussed," the ... (more) The Associated Press: Krugman: US auto industry will ...
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Reacting Versus Responding
The Mahablog — ... sort of guy who rushes about putting out fires without ever stopping to consider how the fires are getting started. My hope is that the cool and intellectual Barack Obama is more of a responder than a reactor. However, my understanding is that the real solutions to the crisis will require a bit outlay of money also. My fear is that once we’ve gone through a cycle of reaction, there will be no support for response. Take George Will. Please. He made an ass of himself on ABC’s “This Week” awhile back, ...

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George Will: ‘The First New Deal Didn’t Work’
thinkprogress.org 11/23/2008 — Economists on both the left and right broadly agree that the need for stimulative government spending is necessary to prevent a further collapse of the global economic system — just as the New Deal and the deficit spending of World War II ...
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