MEGAMERICAN
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http://digg.com/business_finance/Nobel_Winner_s_Laughable_Article_on_Austrian_Economics
Paul Krugman, the 2008 Nobel prize winner in Economics wrote a critical article for Slate on the Austrian theory of economics. He fails to grasp that human beings save, instead asserting that they either invest or buy consumer goods. This financial crisis more than proves him wrong. He deserves a dunce cap, not the Nobel.
Paul Krugman, the 2008 Nobel prize winner in Economics wrote a critical article for Slate on the Austrian theory of economics. He fails to grasp that human beings save, instead asserting that they either invest or buy consumer goods. This financial crisis more than proves him wrong. He deserves a dunce cap, not the Nobel.