Krugman actually says something truthful?

“The general understanding that macroeconomics is more than supply and demand plus the quantity equation — somehow got lost in much of the profession.”

(It’s from an old article, but found it hilarious coming from Krugman."

The truth would be that macro vs. micro is a false dichotomy.

Krugman also said in November, 2004:

“My prediction is that politicians will eventually be tempted to resolve the [fiscal] crisis the way irresponsible governments usually do: by printing money, both to pay current bills and to inflate away debt. And as that temptation becomes obvious, interest rates will soar.”

A very true and prescient statement by Krugman. Of course, today, now that it’s happening under a Democrat, he doesn’t seem to say it anymore.

If only they could get supply and demand right..

Absolutely:).

This makes me wonder how many times Krugman contradicted himself.