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"Hacks"
RedState: Conservative News and Community — ... Mankiw demolishes Krugman. It's worth remembering that Krugman won his Nobel for work he did before he became a pundit. He deserves the prize, but one of the unfortunate side effects is that the gratuitous nastiness and intellectual shoddiness one finds in his New York Times writings will become even more pronounced because his employers won't have the courage to tell him that when it comes to his punditry, Krugman is being . . . well . . . a hack. ...

Hoocoodanode?
Calculated Risk — Earlier today, I saw Greg "Bush economist" Mankiw was a little touchy about a Krugman blog comment. My reaction was that Mankiw has some explaining to do. A key embarrassment for the economics profession in general, and Bush economists Greg Mankiw and Eddie Lazear in particular, is how they missed the biggest economic story of our times. Sure, quite a few people got it right. But those that saw it coming were frequently marginalized. This was a typical response from the right (this is from a post by Professor Arnold Kling) in August 2006: ...

Grownups V. Hacks: Explained
Whiskey Fire — ... Greg Mankiw writes a blog post. Thers writes the punchline. In a post about the Obama economic team titled The Grownups are Coming, Paul Krugman writes: Seriously, isn’t it amazing just how impressive the people being named ...

Grownups And Hacks
The Daily Dish | By Andrew Sullivan — Greg Mankiw interrupts Paul Krugman's victory strutting.

Predicting
The Glittering Eye — The eminent economists Paul Krugman and Greg Mankiw are busily occupied in comparing the size of their reproductive organs (hat tip: James Joyner). Their time might better be spent in predicting within, say, 1% how today’s “Black Friday” sales will compare with last year’s. They won’t do it, of course, and if they tried they probably both be wrong. Economics remains a science of human behavior and like all of the behavioral sciences, it remains primarily descriptive rather than predictive. If the the physical sciences ...

GREG MANKIW: Redefining “Grownup” and “Hack.” There’s a lot of redefining going on at the moment . …
Instapundit — GREG MANKIW: Redefining “Grownup” and “Hack.” There’s a lot of redefining going on at the moment . . . ...

The Great Krugman-Mankiw Debate
The Reality-Based Community — ... : Seriously, isn’t it amazing just how impressive the people being named to key positions in the Obama administration seem? Bye-bye hacks and cronies, hello people who actually know what they’re doing. Greg Mankiw was not amused , noting that surveys of economists put the Bush appointees at about the same level as the Obama team: Judging by this objective criterion, it looks like the two adminstrations are drawing economists from roughly the same talent pool. Of course, if one defines "grownup" as a person who agrees with Paul Krugman, and "hack" as a person who does not, then ...

Saturday reading: Krugman and Mankiw
Ben Smith's Blog — Samantha Power is back. It's good to be named Obama. Podesta says to expect a Cabinet by Christmas. Jacob Gershman makes the case for Cuomo. Krugman disqualifies himself for the administration, but hopes the advisory board will include progressives. And gets into a spat with Greg Mankiw, and retreats a bit. Matthews denies he's staffing up for Senate. And 290,000 applications and counting.

The Best and the Brightest Meme -- Eight Years Too Late?
Angry Bear — Ken Houghton CR beat me to commenting on this Mankiw whine post, partially because I couldn't think of anything reasonable to say about it. (CR could. That's why he gets the big bucks.) But now that CR has done the heavy lifting, let's look at the other aspect: Mankiw's standard: Based a standard ranking of economists' academic accomplishments as of October 2008...[emphasis mine] 11. Larry Summers 21. Greg Mankiw 35. Ben Bernanke 99. Eddie Lazear 132. Glenn Hubbard 249. Harvey ...

Was everything really "deregulated"? So why do we all have to pay?
Classical Values — ... " are similar. And the way the word "deregulation" is being used in a blatantly Puritanical manner, it clearly denotes economic hedonism. Seriously, it's as if they're saying, "Your orgy is over and now the whole country has AIDS!" As Paul Krugman is fond of saying, the " grownups " now need to be in charge! I'm no economist, but the problem is that deregulation is being seen in a vacuum, without reference to the bigger picture, and I think the bigger picture was influenced -- possibly even dominated -- by something worse than regulation. I refer to the complete absence of ...