It seems Mr. Ibbitson was in full campaign mode hoping that the debt hysteria he was busy whipping-up in the Globe and Mail would get him nominated for a Paul Krugman Very Serious Person (VSP) Award. Based on his performance … Continue reading
Category Archives: Economics and Education
Looking for Dr. Goodpain? Check the Reflection in the Mirror Dr. Krugman
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Far be it from me to cast a pox on what has been one of the only few bright lights in the last few years but premises matter. In Krugman’s recent Looking for Mr. Goodpain he presents a reasonable derision … Continue reading
Bullshit in absolutes: or how ‘liberal’* economists argue with themselves
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We can perhaps amend an old Ethiopian saying to read “absolutes are for infants and kings”. It is catechism worth remembering when arguing with liberal economists. For theirs is not a just sport. In fact, one should never mix … Continue reading
The economy lab, the dark age of free trade theory, the naive view on natural resources and economic development
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Over at the Economy Lab in the Globe which Failed, which itself has gone from bad to worse, one of the economists they keep in their stable has either produced an extraordinarily naive analysis or a dishonest one. I am … Continue reading
New Anti-Mankiw Blog and some alternative introductions to economics
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There is a new economics blog on the nets dedicated to an analysis of Mankiw’s blog. Reminds me of the anti-Samuelson text book which served as one of my textbooks for an introduction to economics. That and Harcourt’s seminal text … Continue reading
The Rebel Letter to Mankiw and some thoughts on education in economics
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Yesterday I noted that 10 percent of Mankiw’s students walked out of his class to protest what they, rightly believed, to be a heavily biased introduction to economics. I think the students are right. Introductory courses are meant to introduce … Continue reading