The Dumpsterfire Economy

[Chicks]

Originally Posted by Dondilion

Krugman is now on a mea culpa tour.

Nonsense. He’s admitted that his (and other economists’) models weren’t 100% accurate re some of the impacts of globalization. Do you know of ANY model that can predict the future with 100% accuracy? Weather models, e.g.?

Krugman is still infinitely more qualified than anyone in the current administration, where cabinet level “economists” have no training whatsoever in economics.

Donny’s trade wars are proving to be disastrous. He will eventually simply give up, return to business as usual, and declare “victory”, as he always does. He’s completely useless.

[Dondilion]

Originally Posted by Chicks

Nonsense. He’s admitted that his (and other economists’) models weren’t 100% accurate re some of the impacts of globalization. Do you know of ANY model that can predict the future with 100% accuracy? Weather models, e.g.?

Krugman is still infinitely more qualified than anyone in the current administration, where cabinet level “economists” have no training whatsoever in economics.

Donny’s trade wars are proving to be disastrous. He will eventually simply give up, return to business as usual, and declare “victory”, as he always does. He’s completely useless.

Krugman was arrogant. I think you need to check Stiglitz.
Economist such as David Autor has forced Krugman to accept some light.

What is startling to me is that it took Krugman so long to recognize, acknowledge hyperglobalization.

A schoolboy could see that.

[Chicks]

Originally Posted by Dondilion

Krugman was arrogant. I think you need to check Stiglitz.
Economist such as David Autor has forced Krugman to accept some light.

What is startling to me is that it took Krugman so long to recognize, acknowledge hyperglobalization.

A schoolboy could see that.

Once again, you are doing exactly what Donny does - saying you know know more than the actual experts do. You don't, to put it simply.