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
- Poland puts Berlin's WWII bill at 440 billion euros
- The five Sullivan brothers, serving together, were killed in World War II. Their ship was just found.
- Historian H.R. McMaster out, John Bolton is in
- Polish attorney general’s office calls Holocaust law unconstitutional
- Will Trump break American democracy?
- Last Fall This Scholar Defended Colonialism. Now He’s Defending Himself.
- Jim Loewen is helping teachers teach difficult historical topics tied to race relations
- Historian (and US Senator) Ben Sasse writing book on polarization
- Historian: The Heavy Burden of Teaching My Son About American Racism
- Teachers are using ‘Black Panther’ to discuss African colonialism and American racism