Fuzzy Math by Krugman (2001) - why the Bush tax cut will be bad for the USA

[Oleander Ardens]

I read this weak this remarkable book by Krugman, who was able to combine a precise analysis with clear presentation, so that even people with little knowledge in economy should be able to greatly increase their understanding of fiscal and monetary policy, both in the US and in general.

It neatly explains how Reagan and especially Bush junior sacrified overall economic wellbeing to Ideology, and investigates the radical myths of small goverment and taxcuts as an everworking elexir for the economy. I warmly recomend it for every person who enjoys reading a intelligent book.

BTW: Keynes quote: "It is better to be roughly right than precisely wrong" goes just fine with this book.

[Crazed Rabbit]

I'm not a fan of Krugman, and I remember a government study on tax breaks in the US that showed they helped the economy. So this is probably just another partisan screed by Krugman, as so many of his columns are.
*finishes dismissing the book out of hand*

CR
PS And I detest Keynes.

[CountArach]

PS And I detest Keynes.

No? Really?

[Crazed Rabbit]

Totally unexpected, isn't it?

CR

[seireikhaan]

Not unexpected at all, CR.

I'd expect you to disagree with anyone who states that government spending can be in any ways helpful.

[Rhyfelwyr]

From what I remember on my studies of Keynes v White its just as well Keynes won.

[CountArach]

Totally unexpected, isn't it?

CR

You certainly had me fooled.

[Kadagar_AV]

This is off topic, but it is a quick question:

Rhyfelwyr, why do you have the swedish symbol under your posts, along with the "Validus regnum"

the three golden crowns on a blue background

It just made me wonder...

[Koga No Goshi]

It neatly explains how Reagan and especially Bush junior sacrified overall economic wellbeing to Ideology

No disrespect meant to the book, I'd be shocked if anyone in 2008 would require a book in order to come to this realization.