Comments on: Krugman’s intellectual Waterloo http://bkmarcus.com/blog/2009/06/krugmans-intellectual-waterloo individualism for the masses Wed, 03 Mar 2010 05:36:46 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: bkmarcus http://bkmarcus.com/blog/2009/06/krugmans-intellectual-waterloo/comment-page-1#comment-93361 bkmarcus Mon, 22 Jun 2009 17:20:29 +0000 http://bkmarcus.com/blog/?p=924#comment-93361 <p>Well, the point is <em>not</em> a causal claim.</p> <p>To quote the article,</p> <blockquote><p>And what about his strawman protests that he didn't cause the housing bubble, much less the Enron scandal or Kennedy's assassination? The man is willfully missing the point. What is damning about these quotes is <em>not</em> that he necessarily <em>caused</em> <em>anything</em>. What is devastating about them is that they expose the intellectual bankruptcy of his economic principles.</p></blockquote> Well, the point is not a causal claim.

To quote the article,

And what about his strawman protests that he didn’t cause the housing bubble, much less the Enron scandal or Kennedy’s assassination? The man is willfully missing the point. What is damning about these quotes is not that he necessarily caused anything. What is devastating about them is that they expose the intellectual bankruptcy of his economic principles.

]]> By: neuroklinik http://bkmarcus.com/blog/2009/06/krugmans-intellectual-waterloo/comment-page-1#comment-93360 neuroklinik Mon, 22 Jun 2009 17:08:17 +0000 http://bkmarcus.com/blog/?p=924#comment-93360 Interesting... but I'm pretty sure the housing bubble started forming before 2002. Interesting… but I’m pretty sure the housing bubble started forming before 2002.

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