Paul Krugman: Oh Yes They Can One of the things you have to get used to if you want to debate real economic policies (or real policies in any area, I suppose) is that people will make arguments that leave you floored with their sheer dumbness. The first time you pay attention, you find it hard to believe. So, for example, imagine that you’re a novice in this business, and you’re confronted with politicians who say, “You say that austerity hurts growth, but after three years of dismal performance under austerity, we’ve just had one quarter of pretty good growth. You’ve been proved completely wrong!” Your first reaction is to think “They can’t be that stupid, can they?” Or, alternatively, “They can’t think the rest of us are that stupid, can they?” Oh yes they can. Acrescento eu: Oh Yes They Can, in any area, not just politics.
Posted on: Fri, 13 Sep 2013 11:43:41 +0000
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