Paul Krugman reflects on the last 25 years of America

[RNT]

Enough of your nonsense, incels.

Paul Krugman is departing from his 25 years stint at The New York Times and reflects on what has happened to America during that time.

What strikes me, looking back, is how optimistic many people, both here and in much of the Western world, were back then and the extent to which that optimism has been replaced by anger and resentment.

It’s hard to convey just how good most Americans were feeling in 1999 and early 2000. Polls showed a level of satisfaction with the direction of the country that looks surreal by today’s standards.

In Europe, too, things seemed to be going well.

Why did this optimism curdle? As I see it, we’ve had a collapse of trust in elites: The public no longer has faith that the people running things know what they’re doing, or that we can assume that they’re being honest.

It’s not just governments that have lost the public’s trust. It’s astonishing to look back and see how much more favorably banks were viewed before the financial crisis.

And it wasn’t that long ago that technology billionaires were widely admired across the political spectrum, some achieving folk-hero status.

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[The Doctor]

 

[Unemployed]

>Paul Krugman

Paul Krugman: Always Wrong, Never in Doubt | National Review

Krugman warned shortly after the 2016 election that Trump’s victory would trigger a global recession “with no end in sight.”

www.nationalreview.com

FERGUSON: I Want Paul Krugman To Admit That He Got His Euro Break-Up Call Dead Wrong

FERGUSON: I Want Paul Krugman To Admit That He Got His Euro Break-Up Call Dead Wrong. Niall Ferguson, October 8, 2013, Opinion. "It's an ill wind that blows no one any good. The financial crisis that came to a head five years ago with the failure of Lehman Brothers has been especially beneficial...

www.hks.harvard.edu

http://users.econ.umn.edu/~tkehoe/classes/CochraneKrugmanResponse.pdf

The top five things Paul Krugman has gotten wrong

New York Times columnist and “expert” economist Paul Krugman has a notable history about being wrong about absolutely everything.

thespectator.com

https://www.nytimes.com/2022/07/21/opinion/paul-krugman-inflation.html

 

[ImranKhan]

>Paul Krugman

Paul Krugman: Always Wrong, Never in Doubt | National Review

Krugman warned shortly after the 2016 election that Trump’s victory would trigger a global recession “with no end in sight.”

www.nationalreview.com

FERGUSON: I Want Paul Krugman To Admit That He Got His Euro Break-Up Call Dead Wrong

FERGUSON: I Want Paul Krugman To Admit That He Got His Euro Break-Up Call Dead Wrong. Niall Ferguson, October 8, 2013, Opinion. "It's an ill wind that blows no one any good. The financial crisis that came to a head five years ago with the failure of Lehman Brothers has been especially beneficial...

www.hks.harvard.edu

http://users.econ.umn.edu/~tkehoe/classes/CochraneKrugmanResponse.pdf

The top five things Paul Krugman has gotten wrong

New York Times columnist and “expert” economist Paul Krugman has a notable history about being wrong about absolutely everything.

thespectator.com

https://www.nytimes.com/2022/07/21/opinion/paul-krugman-inflation.html

Reminds me of a neets.net user that's also always wrong about everything. (you)