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[JustOneMinute] JustOneMinute: Krugmn Will Believe Anything That Makes Health Care ...: The productivity adjustments will affect other Medicare price levels much more gradually, but there is a strong likelihood that, without very substantial and transformational changes in health care practices, payment rates would become inadequate in the long range. As a result, the projections shown in the 2010 Trustees Report for current law should not be interpreted as our best expectation of actual Medicare financial operations in the future but rather as illustrations of the very favorable impact of permanently slower growth in health care costs, if such slower growth can be achieved.

[RedState] What Do You Mean $2 Trillion Plus in Stimulus Wasn't Large Enough ...: So if someone tells you that enough stimulus wasn’t injected by the government into the economy, ask them if $2 trillion was enough. And if they counter that Porkulus was only $787 billion, tell them that it actually cost $862 billion, and that there were over $1.1 trillion in other stimulus money for other programs and bailouts.

[Wednesday-Night] Wednesday-Night - » World economy: But, in fact, over the last 30 years, the Chinese economy has moved unmistakably toward the market doctrines of neoclassical economics, with an emphasis on prudent fiscal policy, economic openness, privatization, market liberalization, and the protection of private property. Beijing has been extremely cautious in maintaining a balanced budget and keeping inflation down.

[Money Game] James Rickards: Krugman's Wrong, What Americans Need Is Lots More ...: Flag as Offensive Savonarola

[Paul Krugman] Beinart On The ADL - Paul Krugman Blog - NYTimes.com: The Beltway crowd gets fooled again, this time by Representative Paul Ryan’s plan for a major overhaul of federal spending and taxes.

[EconLog] The Soviet Experiment, Continued, Arnold Kling | EconLog | Library ...: In fact, as Paul Craig Roberts and I, among others, were arguing way back in the 1960s, the Soviet economy was highly polycentric, run by individual farm and factory directors each acting independently to maximize their own gain given the signals from their environment. The difference between the Soviet economy and a market economy was not so much its extent of decentralization, but the nature of the signals and incentives.

[RealClearMarkets - Articles] RealClearMarkets - Paul Krugman's Depression Economics: With taxes, FDR proclaimed that it was time for the "princes of property" to share more of their wealth, and the result was that he increased the top tax rate to 79%, lowered the threshold to reach it, plus increased the estate tax. President Obama similarly seeks to "spread the wealth around" with higher tax rates, and doesn't seem troubled by nosebleed taxes on estates.

[Black Sheep Report] Voodoo & Bad Medicine From Paul Krugman | Black Sheep Report: We have seen these tendencies in the GOP.  Although not talked about frequently by Republicans, Ronald Reagan spent like crazy.  What Krugman conveniently leaves out is the Democrat deficit fetish.  They are the party who claims we can spend our way out of the economic meltdown. They have a high ranking member that advocates spending the earned money of productive taxpayers on subsidies for those unemployed (for 99 weeks or more) and producing nothing.  This high ranking Democrat said that unemployment benefits are the best way to stimulate the economy.  Krugman is merely doing a tap dance move.

[73 Wire - News for the Liberty Movement] 73 Wire - News for the Liberty Movement » Blog Archive » 99 weeks ...: Hearing that same claim last week, after Republicans have alternately controlled the White House and  Congress, as well as Georgia’s State House and General assembly over the past 30 years was quite shocking given that Republicans have never proposed reductions in the safety nets despite weilding the power to do so.

[The Irish Economy] The Irish Economy » Blog Archive » Rising US inequality: Might I respectfully suggest that posters here try reading it, instead of the latest rants from every academic nutter in the US. What the KPMG survey found was that (a) globally, output expectations have increased for both manufacturing and service firms since the previous survey in early 2010 (b) that optimism and expectations of future output increases among Irish services firms is now the highest in the EU and one of the highest in the world and, for manufacturing firms, its above the EU average, although not the highest in the EU.

[Paul Krugman] The Economics Of Market Corners (Nostalgic Wonkery) - Paul Krugman ...: The Beltway crowd gets fooled again, this time by Representative Paul Ryan’s plan for a major overhaul of federal spending and taxes.

[Value Expectations: Stock Research, Investment Newsletter, Global Equity Research] Paul Krugman's Depression Economics | Value Expectations: Stock ...: Having seen its factories destroyed, its wealth plundered, and the death of millions of its youngest and able-bodied, West Germany's ill economic health made our struggles today seem positively pedestrian by comparison. But with no resources to expropriate from a private sector very much on its back, West Germany defied the Keynesian consensus, and moved in favor of real stimulus through tax cuts which stimulated the supply-side of its economy, along with a stable mark made that way through its peg to a dollar defined in terms of gold.

[Crooks and Liars] Krugman To Unemployed Americans: Sorry, Folks, The Elites Just ...: I try to explain to them on the DMN blog, that although the Constitution respects private property--such as the 4th Amendment, it doesn't guarantee any particular form of economy, and even retains to the government the power of Eminent Domain.

[The Irish Economy] The Irish Economy » Blog Archive » Fiscal Free Lunches: Paul Krugman seems not to care that throwaway remarks about Ireland or Ruritania in the NYT will be accorded more attention than they deserve, by Irish (or Ruritanian) journalists because he won a gong. I think this is unprofessional (by both parties).

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