Wednesday, November 06, 2013

Krugman rubs it in

Paul Krugman has some fun in yet another post about Republicans who refuse to give up on their "dire inflation just around the corner" warnings:
Back to the evidence versus the orthodoxy. I can, in a way, understand refusing to believe in global warming — that’s a noisy process, with lots of local variation, and the overall measures are devised by pointy-headed intellectuals who probably vote Democratic. I can even more easily understand refusing to believe in evolution. But the failure of predicted inflation to materialize is happening in real time, right in front of our eyes; people who kept believing in inflation just around the corner lost a lot of money. Yet the denial remains total.

I guess it’s a matter of who you’re gonna believe — Ayn Rand or your own lying eyes.

2 comments:

Anonymous said...

Why do you feel the need to deliver little pass-ag insults to people of character at other websites, especially women? Is this all you have left? You're such a weak little beta.

Steve said...

Hello, fan. Dear old you-know-who has doubtless been coarsened and intellectually impoverished via her interaction with a bunch of immature blokey blokes at you-know-where. I only mention this occasionally, though.