The point is that I know technocrats, and these people aren’t — they’re faith healers who are making stuff up to suit their prejudices.
Yup.
The point is that I know technocrats, and these people aren’t — they’re faith healers who are making stuff up to suit their prejudices.
Yup.
EUROCRAPS! Its official.
…..people like Geithner who opposed stronger action were basing their position on gut feelings about confidence, not number-crunching….
When Krugman bases his comments on number-crunching rather than gut feelings, he is rather good isn’t he