Nobel Economics laureate and New York Times columnist Paul Krugman [Email him] is famously always wrong [Krugman’s bad predictions, by John Lott, Fox News, April 12, 2012]. He will live forever for his 1998 prediction that “the growth of the Internet will slow drastically… by 2005 or so, it will become clear that the Internet’s... Read More

America’s “highest profile economist” thinks we need more asset bubbles to battle negative real interest rates and persistent secular stagnation. In a controversial post on his blogsite, New York Times columnist Paul Krugman argues that bubbles may be necessary to make up for insufficient demand, high unemployment, and sluggish growth. Here’s the clip from his... Read More

It was no Rumble in the Jungle, that's for sure. There were no blindside blows to the ribs, no bone-crushing roundhouse punches, and no blood-spattered warriors sprawled out on the canvas for the mandatory 10-count. But by the time ABC's 15-round bareknuckle extravaganza was over, just one man was left standing, David Stockman, TKO champ... Read More