Paul Krugman, the New York Times op-ed writer, has a Ph.D. in economics. Those three magic letters give him an air of authority, as if they represent a valuable accomplishment, yet somehow he manages to consistently give bad economic advice in his twice-weekly column. Go figure.The rest of this week's TGIF, "Paul Krugman, Doctor of (Bad) Economics," is at the Foundation for Economic Education website.
Friday, January 04, 2008
Paul Krugman, Doctor of (Bad) Economics
Labels:
free trade,
welfare state
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