We Get It: Paul Krugman Has Been Right All Along

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Here is Paul Krugman just in the past month:

  • It’s now seven years since I warned….
  • Who could have predicted such a thing? Well, me….
  • Many of us warned from the beginning that the multiplier was probably much larger….
  • Those of us who took our Hicks seriously calling the big stuff — the effects of monetary and fiscal policy — right, and those who went with their gut getting it all wrong….
  • As I’ve been trying to point out….
  • As I’ve written many times….
  • Attacks on Keynesians in general, and on me in particular….
  • Here’s what I wrote three years ago….

And that’s not even counting his print columns, which I didn’t have the patience to plow through. I’m a pretty big fan of Krugman, but even for me this stuff has long since gotten old. Maybe it’s time to go cold turkey on the whole “I was right” meme and just concentrate on the economics.

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WE'LL BE BLUNT

We need to start raising significantly more in donations from our online community of readers, especially from those who read Mother Jones regularly but have never decided to pitch in because you figured others always will. We also need long-time and new donors, everyone, to keep showing up for us.

In "It's Not a Crisis. This Is the New Normal," we explain, as matter-of-factly as we can, what exactly our finances look like, how brutal it is to sustain quality journalism right now, what makes Mother Jones different than most of the news out there, and why support from readers is the only thing that keeps us going. Despite the challenges, we're optimistic we can increase the share of online readers who decide to donate—starting with hitting an ambitious $300,000 goal in just three weeks to make sure we can finish our fiscal year break-even in the coming months.

Please learn more about how Mother Jones works and our 47-year history of doing nonprofit journalism that you don't find elsewhere—and help us do it with a donation if you can. We've already cut expenses and hitting our online goal is critical right now.

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