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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FACT:

Mother Jones was founded as a nonprofit in 1976 because we knew corporations and the wealthy wouldn't fund the type of hard-hitting journalism we set out to do.

Today, reader support makes up about two-thirds of our budget, allows us to dig deep on stories that matter, and lets us keep our reporting free for everyone. If you value what you get from Mother Jones, please join us with a tax-deductible donation today so we can keep on doing the type of journalism 2020 demands.

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