The Foundry

Posts Tagged ‘Paul Krugman’

• Currency Policy: A Matter of Life or Death

  Posted March 18th, 2010 at 4:00pm in Enterprise and Free Markets with 1 comments

  The execution last week of a senior economics official in the North Korean government over a botched currency reform reminds us of that no parody of repressive government can fully capture the backwardness and evil of the North Korean regime. If any good can come of such a perversion of morality, it might be in [...] More

• Spreading the Education Spending Fallacy

  Posted October 15th, 2009 at 11:13am in Education with 5 comments

  Last week, New York Times columnist Paul Krugman tried to sell the merits of second “stimulus” by claiming education spending is being slashed, to the detriment of American students. He contends that education has suffered because of skepticism about the merits of government spending. Krugman writes: There’s no mystery about what’s going on: education is mainly [...] More

• What A Difference A Page Makes

  Posted October 2nd, 2009 at 12:00pm in Ongoing Priorities with 2 comments

  On page A27 of today’s New York Times, Paul Krugman is at it again. Spending trillions of dollars we don’t actually have is what saved us from disaster, but we need to spend more! More! More! Krugman has written the same thing so many times, he apparently doesn’t need to bother with facts, just assertions. [...] More

• Krugman Wrong on Cap and Trade Costs

  Posted September 25th, 2009 at 2:31pm in Energy and Environment with 25 comments

  Paul Krugman blasted opponents of cap and trade and The Heritage Foundation in his New York Times column today, saying: So where do the apocalyptic warnings about the cost of climate-change policy come from? Are the opponents of cap-and-trade relying on different studies that reach fundamentally different conclusions? No, not really. It’s true that last spring [...] More

• Morning Bell: The People Spreading “Disinformation” About Obamacare

  Posted August 5th, 2009 at 9:29am in Health Care with 184 comments

  The White House is losing the health care debate. Polls from National Public Radio, Wall Street Journal/NBC News, The Washington Post, Gallup, and Pew all show that the American people do not support President Barack Obama’s health care plan. The White House wants people to believe they are losing the health care debate because “scary [...] More

• Paul Krugman’s Health Care Fantasies

  Posted July 31st, 2009 at 1:25pm in Health Care with 19 comments

  Paul Krugman just can’t stop spreading misinformation about Medicare and health insurance. Today he writes: In the individual insurance market, where people buy insurance directly rather than getting it through their employers, so much money goes into underwriting and other expenses that only around 70 cents of each premium dollar actually goes to care. This is just [...] More

• Morning Bell: The Truth About Medicare’s Administrative Costs

  Posted July 7th, 2009 at 9:04am in Health Care with 36 comments

  Now that Al Franken has been seated in the Senate, Sen. Chuck Schumer (D-NY) is now telling reporters he sees no need for the left to compromise on their demands for a government-run “public option” health care plan. Proponents of the public plan, like Schumer, believe government-run health care is needed “to keep the insurance [...] More

• Medicare Administrative Costs and Paul Krugman’s “Propaganda Shop”

  Posted July 6th, 2009 at 12:46pm in Health Care with 22 comments

  In his blog, New York Times columnist Paul Krugman launches an unsubstantiated attack on The Heritage Foundation for our June 25 report showing that Medicare administrative costs are higher than those private health plans, not lower, as Krugman has frequently claimed. We find it somewhat encouraging that his only “refutation” to our basic point consists [...] More

• Treason Against the Planet or Treason Against the Economy?

  Posted July 1st, 2009 at 12:19pm in Energy and Environment with 23 comments

  After the Waxman-Markey cap and trade bill narrowly passed the House of Representatives (219-212), Nobel Laureate economist Paul Krugman, an avid supporter of global warming legislation, expressed his discontent. His concern was not with the bill but those who voted against it. In his New York Times column Krugman says, “And as I watched the deniers [...] More

• We Didn’t Know Krugman’s Nobel was for Fiction

  Posted June 1st, 2009 at 4:21pm in Enterprise and Free Markets with 6 comments

  New York Times columnist Paul Krugman has truly outdone himself this time. He has managed to identify a single piece of legislation passed by President Ronald Reagan in 1982 that single handily brought down the entire world economy a mere 25 years plus later. AEI’s Peter Wallison sets the record straight: The Garn-St. Germain Act was [...] More