+1 JJ
I wish I did, but I actually don’t know of one in particular. Of course Economics in One Lesson goes into the subject pretty well in Chapter 12 and a little in Chapter 11.
I also have quite a few links to various articles on the subject, including all the back and forth between Schiff and Murphy during that time period when Murphy was disagreeing with him. I could try to find an easy way to relay them to you if you’d like.
I would’ve knocked Kruggie down in about two points. First, why doesn’t the historical data on the disaggregation of the interwar years GDP show private investment increasing until, and why does private investment only increase AFTER the interwar years when the GDP was declining? Second, why did Keynes himself emphasize that savings must occur during the boom to even out of the bust (per General Theory)? Those two points would’ve given the little prick fits for weeks.
Ron Paul Smashes Paul Krugman (The Proof)
And then…
Tyler Cowen’s Vicious Attack on Ron Paul
George Mason University economist Tyler Cowen is up with his comments on the Ron Paul-Paul Krugman debate. It’s viciously one-sided against Ron Paul. Among other points about the debate, Cowen makes the following (My comments are in italics): […]
Still waiting on your elucidation of your profound insight that Ron Paul was “owned” by Krugman.
For having read through that book some 2-3 times (at least), I don’t recall it going into international trade all that much. I’ll take a look and see if it jogs my memory.
Would you? That would be great.
The idea that exports ultimately pay for imports doesn’t ring a bell? 
Yeah it does. I guess I’m looking for something a little more technical. As with basically everything in Ei1L, there are some great principles in there but Hazlitt never goes into much depth on any particular application of his lesson.
Krugman’s mad because he slept on Paul and paid for it.
This whole thing is interesting to me because in competitive sports contenders often spend weeks or months in advance studying their prospective opponents.
I know that in the MMA fight game, fighters will often tailor strategies designed specifically to nullify or counter one particular part of one particular opponent’s game. I.e. a striker working on stuffing takedowns to avoid having to fight on the ground or a jiu jitsu fighter working on clinching to avoid trading shots.
Does Krugman even know Austrian Economics? Doesn’t seem like it. Maybe he should take some time and actually study it if he wants to win debates.
Paul Krugman…with his 3rd? 4th? post about his TV appearance with Ron Paul…
Another Attack by Krugman
I told you. This guy truly is the epitome of insecure dork.
I’ll give one example that stuck out to me. In Part 1 of the Mediaite video (at 6:00) Ron Paul argues that there was a lot of economic growth after World War Two because:
After World War Two a lot of the debt was liquidated, but guess what else we did. The troops were coming home…big government liberals wanted to have job problems, they weren’t put into place. we cut spending by some 60%, we slashed taxes, finally the depression ended.
Ron Paul’s gloss over history has a grain of truth and a giant problem. The truth is that America did take a step down from having a war-time command economy. The problem is that Ron Paul makes it sound as if government then immediately shrunk. He even says taxes were “slashed”.
Here is a chart from the Tax Policy Center showing what the historical highest marginal tax rates were.
During World War Two, the rate is between 81% and 94%. After World War Two, it is cut down to a low of 82% before being raised back to 91%, which is where it stays till the Kennedy years, during which it drops to a slightly lower 70%.
I was just about to post that.
Their statistics come from the Brookings Institution. That is all you need to know. The DB gets exclusive interviews with Zbigniew Bzrezinski. Zbig is on the Board at Brookins - they inform Saban Institute, Columbia University, and the CFR. They are a mouthpiece of our basic enemies.
I am not disagreeing with you, but could you provide something more substantial than ad hominem attacks agaist the source?
Be careful with Hauser…
http://www.angrybearblog.com/2010/11/hausers-law-is-extremely-misleading.html
A good analysis of the Diocletian part of the debate. http://www.zerohedge.com/news/guest-post-krugman-diocletian-neofeudalism
After reading Kruggieboy’s backhanded insult on his blog all I can say is the dude has no academic rigor which he stands on. Seriously, I thought I could be a petty little wench, but this guy makes my emotional musings look downright polite. Wow, just… wow.
I don’t know what exactly I would need to give you…It is a series of think tanks that extend into the University system and the policy making section. It is their policies that are under question. Zbig is one of the top U.S. long term geostrategists. The Daily Beast is given pictures of the world that other news media simply is not. This would indicate, to me, that they are basically a globalist-friendly media source and not just a friendly one, but one that goes to bat for its handlers. And not a social/media political partisan think tank like Soros or Koch, but a long term geopolitically interested agenda.
I find no interest in social politics. International economics is geopolitics. There is no way around it. The DB, Krugman, Zbig all seem to be related…in a network of Establishment propaganda efforts. Should I link to some of their publications?
Which Path To Persia? - Compare this document to the PNAC stuff. Notice the people who put this together, CIA, Exxon, Israeli Ambassador, State Dept., Brandis, the crown foundation, people from the 9/11 commission, RAND corp, one of the guys was indicted for espionage with Moussad agents during Bush Jr.'s term.
What Zbig thinks of Russia - DB interview
Here is a funny one from 1959 - This is why NASA always lies about what it has done and is researching, they mention the potential aspects of weather control, politics in space, market research for the public, etc.
When we look at the Krugman suggestions for international relations it is the whole package; the agenda of the realist left.