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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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