Paul Krugman on Niall FergusonHistorians in the News
tags: NYT, Paul Krugman, economics, Niall Ferguson, John Maynard Keynes
After his Keynesianism-is-gay remarks got him in trouble, Niall Ferguson did the right thing and offered a straightforward, no excuses apology. Unfortunately, it seems that he has reverted to type; sigh.
But this does seem to call for an update on a subject I have written about occasionally: the remarkable way in which the Great Recession, by bringing us back into a world of persistent inadequate demand, has unleashed a sort of reign of error among anti-Keynesian economists and pundits. And I’m not talking about the usual Heritage or Cato hacks; I’m talking about people with serious reputations either for research or for seemingly judicious commentary.
Oh, and by “error” I don’t mean “views I disagree with”; I mean raw conceptual or empirical banana-peel episodes, the kind of thing that defenders of these men (who have a lot of defenders) try to justify not by claiming that they were right, but by claiming that they didn’t say what they did, in fact, say....
comments powered by Disqus
- Support grows for Smithsonian museum of women’s history
- History Lesson: How the Democrats pushed Obamacare through the Senate
- Oldest women’s college in US – Wesleyan College in Macon, Georgia – seeks to atone for Ku Klux Klan’s legacy
- Ancient Egyptian Writing: New Symbols Reveal Development Of Hieroglyphics
- Dr. Suess museum chided for failing to address head-on his racist statements during WW2
- Lonnie Bunch says the nooses found at the Smithsonian recently show why black people cannot get over the past
- It’s Time for Historians of Slavery to Listen to Economists
- Researcher: "Actually, Yes It Is a Discovery If You Find Something in an Archive That No One Knew Was There."
- The Trump team is obsessing over Thucydides, the ancient historian who wrote a seminal tract on war
- Historians defend scholar who studies Poland and Holocaust