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|    DEBATE    |    Enjoy opinions shoved down your throat    |    4,105 messages    |
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|    Message 3,123 of 4,105    |
|    Earl Croasmun to Bob Klahn    |
|    Keeping Earl happy by giveing Krugman Cr    |
|    18 Mar 35 15:26:04    |
      While on the subject of Paul Krugman, some interesting comments from John C.       Goodman at the Health Policy Blog:              "Since Barack Obama took office almost 10 million people have dropped out of       the labor force. More than half a million dropped out in the last month alone.       Today, a record 90 million people ù almost one third of the entire population       ù are not working and not even looking for a job.              ôHow did that happen?ö Krugman asks. One answer is supplied by University of       Chicago economist Casey Mulligan ù one of the top labor market economists in       the country and a regular contributor to The New York Times economics blog. In       a new book, Mulligan estimates that roughly half of the excess unemployment we       have been experiencing is due to the lure of entitlement benefits ù food       stamps, unemployment compensation, disability benefits, etc. In other words,       we are paying people not to work. In a separate analysis, Mulligan estimates       that much of the remaining unemployment may be due to other Obama       administration policies, especially the Affordable Care Act.              So what does Krugman have to say about MulliganÆs study? Nothing. Nothing? Not       a thing. Not about CaseyÆs study or any other serious study. But he rejects       MulliganÆs conclusion by claiming that the fall in labor force participation              'wasnÆt a mass outbreak of laziness, and right-wing claims that jobless       Americans arenÆt trying hard enough to find work because theyÆre living high       on food stamps and unemployment benefits should be treated with the contempt       they deserve.'              Hmmm. Last time I looked, economics is a science. Statements about the       economic system are either true or not true. Their validity is not affected       one whit by the political views of economists or other people. And facts of       reality do not mysteriously become untrue even if they are treated with       contempt. . . .              Krugman, who hasnÆt done serious research for years, clearly doesnÆt care what       his fellow economists think. He can, without the slightest evidence of       embarrassment, pretend that an entire body of empirical research doesnÆt even       exist. ThatÆs his choice. However, The New York Times bills him as a Nobel       Laureate in economics. So when Hollywood types read Krugman, they think they       are reading economics.              This is bad for the entire profession. Krugman rarely writes a column without       including a venomous attack on those who disagree with him ù questioning their       ethics, their honesty and their motives. But in economics, as in the other       sciences, arguments ad hominem arenÆt legitimate arguments. . . .              As IÆve pointed out more than once, when it comes to health policy Krugman is       almost always wrong. That by itself is not remarkable. Most health policy       wonks are also usually wrong in the way they think about health economics. But       Krugman is the only person I know who canÆt resist insulting an entire       political party or the 40% of the population that calls itself ôconservativeö       or other scholars who disagree with him in the process of being wrong.              Once in a while I refer to him as Paul (if-you-disagree-with me-       ou-must-be-evil) Krugman. But on the whole, we usually pull our punches at       this blog (as do most other bloggers). On balance, Krugman gets off lightly.       He deserves much worse."                            http://healthblog.ncpa.org/are-we-being-unfair-to-paul-krugman/                     --- BBBS/Li6 v4.10 Dada-1        * Origin: Prism bbs (1:261/38)    |
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