When the facts change, I change my mind. What do you do? -- John Maynard Keynes
Friday, July 1, 2011
Economics and Politics by Paul Krugman - The Conscience of a Liberal - NYTimes.com: "the surest way to get branded as not Serious is to figure things out too soon. To be considered credible on politics you have to have considered Bush a great leader, and not realized until Katrina that he was a disaster; to be considered credible on national security you have to have supported the Iraq War, and not realized until 2005 that it was a terrible mistake; to be credible on economics you have to have regarded Greenspan as a great mind, and not become disillusioned until 2007 or maybe 2008"
Labels: Paul Krugman Truth
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