Showing posts with label Paul Krugman. Show all posts
Showing posts with label Paul Krugman. Show all posts

January 17, 2015

One-Size-Fits-All Economist Challenged



Nobel Prize-winning economist Paul Krugman
[From article]
Let's look at some of the history of some of Krugman's non-tradable industries. During the 1940s and '50s, there were very few self-serve gasoline stations. There were also theater ushers to show patrons to their seats. In 1900, 41 percent of the U.S. labor force was employed in agriculture. Now most gas stations are self-serve. Theater ushers disappeared. And only 2 percent of today's labor force works in agricultural jobs. There are many other examples of buyers of labor services seeking and ultimately finding substitutes when labor prices rise. It's economic malpractice for economists to suggest that they don't.

Embarrassing Economists
Walter E. Williams
Oct 22, 2014

April 17, 2014

Liberal Economist Awarded $225 K at Public NY University


[From article]
So this publicly-funded university offered Paul Krugman $225k over nine months to essentially preside as a public face of its in-house institute that studies -- ahem -- income inequality. In exchange for the money, Krugman will provide his presence, play a "modest" role in CUNY public events, and "contribute to the build-up" of the initiative to combat -- ahem -- income inequality. Oh, and he'll host one solitary seminar. On top of his salary, the university will furnish the left-wing columnist and economist with $20,000 in fringe benefits, including travel expenses.

http://townhall.com/tipsheet/guybenson/2014/04/16/income-inequality-institute-to-pay-infamous-class-warrior-25000-per-month-to-do-basically-nothing-n1825386?utm_source=thdailypm&utm_medium=email&utm_campaign=nl_pm

Income Inequality Institute to Pay Infamous Class Warrior $25,000 per Month to Do Basically Nothing
Guy Benson
April 16, 2014

February 20, 2012

Comment On Paul Krugman's Income Inequality

[Comment about article by Paul Krugman in NY Times on income inequality]

http://www.nytimes.com/2012/02/10/opinion/krugman-money-and-morals.html?_r=1

Money and Morals
By PAUL KRUGMAN
New York Times
Published: February 9, 2012

rebecca1048
Iowa


I will say it again --- women should have never left the home. (a decline which began when they left home) I know many have to work today, but it was a mistake. (honestly, I'm suspicious of Freidan and Smith College's motives) Women held the homes together, they kept the kids in check, and I personally believe they were the authors of the innovation we seem to have lost --- they also kept the old neighborhood spit spot! I truly believe, the only thing women suceeded in doing, was driving down wages and the perks companies used to pay to keep a good man. Now, with a surplus of humans willing to keep their eye on the keyhole, why should a company pay a decent wage? And don't peg me a conservative -- -maybe fiscally, but I'm pretty liberal. I certainly don't believe women should lay down and die --- they should be ready to step in and run things in an instant, but, home is where they were needed most. And, if a guy wants to stay home, fine. But America cannot support two decent incomes per household ---- it is trying to do it now, and what has happened, you have some homes with no or little income.

December 21, 2009

Filibuster, Cloture


http://www.commentarymagazine.com/blogs/index.php/gordon/202381

He Was for It Before He Was Against It
John Steele Gordon
Contentions
Commentary
December 21, 2009 - 10:22 AM

June 12, 2009

Media Stirring Up Racial Animosity


http://bighollywood.breitbart.com/ggutfeld/2009/06/12/daily-gut-its-the-media-ginning-up-racial-hatred/

or

http://tinyurl.com/m4qpfm

Daily Gut: It’s the Media Ginning Up Racial Hatred
by Greg Gutfeld
BigHollywood.com
June 12, 2009