Owen Gray at Northern Reflections and The Moderate Voice takes a cue from Paul Krugman, whom, Gray concludes, “has a right to be pessimistic.” The powerful elites on both sides of the Atlantic suffer from group think. And, instead of…
#Unemployment
On Krugmanism: The opposite of unwisdom isn’t always wisdom
Posted in Economics Tagged with: Financial Crisis, Fiscal Policy, Keynes, Monetary Policy, Owen Gray, Paul Krugman, Unemployment
Department of incredibly empty statistical arguments
You’ve all heard of the “factoid” – which Wikipedia helpfully defines as a “questionable or spurious—unverified, incorrect, or fabricated statement presented as a fact, but with no veracity.” One can watch entire political interviews on a Sunday morning and hear…
Posted in US History Tagged with: 2012 Elections, FoxNews, Obama, Polls, Statistical Factoids, Unemployment