Monday, October 11, 2010

Fiction Writer P-Kroog

Two NYT articles.

First, a sensible one, with good examples, by G. Mankiw.

Second, a remarkable one, truly remarkable, by fiction writer P-Kroog. The second does he get paid to make s**t like this up?

(nod to Angry Alex)

1 comment:

eightnine2718281828mu5 said...

For those who might have been misled into thinking that the second paragraph represents the whole of Krugman's argument, here are some details from the column:

Of the roughly $600 billion cost of the Recovery Act in 2009 and 2010, more than 40 percent came from tax cuts, while another large chunk consisted of aid to state and local governments.