tag:blogger.com,1999:blog-5713178645208582139.post2435893958315481115..comments2024-03-22T02:37:15.030-05:00Comments on Macro Musings Blog: The Hangover DebateDavid Beckworthhttp://www.blogger.com/profile/04577612979801459194noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-5713178645208582139.post-87777738821640438132008-12-29T15:34:00.000-06:002008-12-29T15:34:00.000-06:00PrestoPundit: get help. I believe there are anger ...PrestoPundit: get help. I believe there are anger management classes available.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-73419646707204442832008-12-29T13:28:00.000-06:002008-12-29T13:28:00.000-06:00There is no such thing as a "hang over" theory.You...There is no such thing as a "hang over" theory.<BR/><BR/>You're exposing yourself as an ignoramus for suggesting there is.<BR/><BR/>The "hang over theory" is a figment of Paul Krugman's very, dishonest imagination.<BR/><BR/>Did I say that Krugman is dishonest?<BR/><BR/>Yes, I did.<BR/><BR/>He's got to be the most dishonest man in any economics department in America. Who else comes close? <BR/><Fredhttps://www.blogger.com/profile/02562042392964282677noreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-8210950762625323802008-12-29T13:25:00.000-06:002008-12-29T13:25:00.000-06:00Note well that Krugman is writing about a theory h...Note well that Krugman is writing about a theory he doesn't understand -- and doesn't know -- when he attacks the "hangover" theory. <BR/><BR/>His very label for it exposes something of the depth of his ignorance.<BR/><BR/>Krugman shows ZERO evidence of every reading the work of Hayek, or Garrison, White, or Selgin, or Horwitz, or Mises, or Rothbard, or any other Hayekian macroeconomist.<BR/><BR/Fredhttps://www.blogger.com/profile/02562042392964282677noreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-84290328179049210072008-12-29T12:53:00.000-06:002008-12-29T12:53:00.000-06:00Funny! I was wondering if someone was going to rai...Funny! <BR/><BR/>I was wondering if someone was going to raise that point. In fact, I had planned on ending the post by mentioning something like this: "(Of course, the 20+ years of macro stability planted its own seeds of destruction...)" but decided to avoid the distraction. I can never let one slip by you.David Beckworthhttps://www.blogger.com/profile/04577612979801459194noreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-56309375325545690522008-12-29T12:46:00.000-06:002008-12-29T12:46:00.000-06:00A macro paradox then:You can only have a hangover ...A macro paradox then:<BR/>You can only have a hangover if you've had a great moderation!Anonymousnoreply@blogger.com