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Wednesday, August 31, 2011

RE STEINGART PRESTOWITZ KRUGMAN

As an aside, Steingart in War For Wealth got date of Trading Places incorrect. It had been 1988.


Prestowitz' view of economics there is also mine. His view was at page 230.


He had cited Krugman at a couple of points, at a time when Krugman was apparently willing to countenance the wild notion that certain sectors might be strategic.


Of course, Krugman later, 94 or so,  held view that competitiveness idea was flatly wrong.

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