Monday, August 15, 2011

The next big stimulus idea

Paul Krugman has taken leave of his senses - this time, for good, it seems. Not only does he laud post-1940 government spending as having been good for the economy (World War II as stimulus plan), he suggests that an alien invasion – or just the threat of one – is the kind of thing that would end our economic slump.


Turn on the money machine, earthlings!
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7 comments:

  1. JeffSAugust 15, 2011 at 9:07 PM

    Methinks that Krugman watches too much TV.

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  2. Mercurius AulicusAugust 15, 2011 at 9:14 PM

    He's no longer a Keynsian, now he is a member of the Adrian Veidt ( http://en.wikipedia.org/wiki/Ozymandias_(comics) ) school.

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  3. Albury ShiftonAugust 15, 2011 at 11:21 PM

    Has Krugman figured out a motive for this invasion? Resources? Much more available in other uninhabited parts of the solar system and for that matter, the rest of the galaxy. Slave labour? A society capable of invading over the vast distances involved would have robotics and machanisation that would proclude the need. Some biological product, such as human lymph fluid (as imagined in an episode of Star Trek: Enterprise)? Surely they'd be capable of synthesising any such requirements. Lebensraum? They could probably find somewhere much closer to home to terraform.

    Souvenir hunting is about the only valid reason I could ever foresee such a thing.

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  4. Mercurius AulicusAugust 16, 2011 at 12:25 AM

    http://en.wikipedia.org/wiki/Mars_Needs_Women

    [Word verification: fouslima]

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  5. AnonymousAugust 16, 2011 at 4:12 AM

    I heard this on Limbaugh today and for the first time (I'm a very forgiving person) thought Krugman had ( or has been) reporting from the level of an insane person.

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  6. richard mcenroeAugust 16, 2011 at 2:49 PM

    National Georgraphic Debunks Paul Krugman! With Cheerleaders!

    http://tinyurl.com/3l7c9g9

    ReplyDelete
  7. Michael LonieAugust 16, 2011 at 9:35 PM

    When Keynsian economics has been such an abject failure, as it has been over the last two and one half years, but one is still stupidly devoted to it, like an insane lover for la belle dame sans merci, one grasps at straws. But the conclusion that Krugman is irredeemably stupid is supported by his advocacy of Keynsianism in the first place. That antique witchcraft ought to have been buried, with a stake through its heart, at a crossroads at midnight, under a full moon, by the failure the USA experienced practicing it in the 1970s.

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