Watching this interview, I came away with several simpleton takeaways:
The global economy is not too bad (even with COVID effects and responses so far).
The domestic economy is not too bad (even with COVID effects and responses so far).
Economics has had its minor weaknesses, here or there, but generally is an ok discipline, and has helped us get where we are today.
These are Krugman Bizarro ideas.
The average Joe could learn more about what has been going on in the world by reading, say, Gregory Clark, than reading Arguing With Zombies.
You would learn more about real world economics, not Mickey Mouse economics. Clark brings back "the dismal" in The Dismal Science.
No comments:
Post a Comment