>
http://www.nytimes.com/2016/04/18/opinion/robber-baron-recessions.html>
>Caveat:
>Paul Krugman is a Princeton economist. One of the pre-requistes Princeton lays down for its economists (Ben Bernanke is another one) is that they never admit that they were wrong. Krugman not only follows that rule- he embraces it.
>
>That said, Krugman makes some persuasive points here.
yupp, had been nodding to myself on significantly more points than on the typical article arguing for more spending in the EU ;-)
And then:
"The obvious next question is why competition has declined. The answer can be summed up in two words: Ronald Reagan."
not even trying to reason about why Reagan is top of the list for him - just postulating it.
Just another religious argument from then on ;-)))