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economists

Atheists, Economists, and Foxholes

It’s been said “there are no atheists in foxholes.” Apparently, the economic equivalent is “there are no true Free Marketers during depressions,” either . . . –Barry Ritholtz, The Big Picture Regular readers know I’m a big fan of blogger (and fellow former attorney) Barry Ritholtz (“The Big Picture”). Quotes like the one above are...
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Weighing the Risk of Inflation

Rebutting Paul Krugman on InflationIf you don’t know whether to worry more about inflation or deflation — economists seem to be evenly split at the moment — a good technique is to parse the arguments being made by the two camps. Here is the case made by Paul Krugman, a leading proponent of the “worry...
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