Difference between revisions of "Brad DeLong and Paul Krugman school Tyler Cowen"
From Critiques Of Libertarianism
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[[Category:Brad DeLong]] | [[Category:Brad DeLong]] | ||
[[Category:Paul Krugman]] | [[Category:Paul Krugman]] | ||
| − | {{DES | des = [[Tyler Cowen]] criticized IS-LM to undermine rival economists' arguments. [[Brad DeLong]] and [[Paul Krugman]] explain why such criticisms are foolish even if true -- because there is no real substitute for starting with IS-LM. Ignoring IS-LM leads to serious errors.}} | + | {{DES | des = [[Tyler Cowen]] criticized IS-LM to undermine rival economists' arguments. [[Brad DeLong]] and [[Paul Krugman]] explain why such criticisms are foolish even if true -- because there is no real substitute for starting with IS-LM. Ignoring IS-LM leads to serious errors. | show=}} |
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There is a huge demand for rebuttals to Keynesian arguments about how to fix the economy. Anti-government right-wingers and libertarians oppose Keynesian interventions, and they have vast wads of money to throw at such issues. | There is a huge demand for rebuttals to Keynesian arguments about how to fix the economy. Anti-government right-wingers and libertarians oppose Keynesian interventions, and they have vast wads of money to throw at such issues. | ||
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From a public relations standpoint, it looks as if Cowen has won. He has achieved his goal of repeating his memes numerous times and showing that other academics make somewhat similar criticisms. Basically, this is a variant of the tarbaby strategy from Uncle Remus. Trick your opponent into a fight with a tarbaby. The opponent may get in all the good licks and totally destroy the tarbaby, but afterwards is exhausted and coated with goo. The rabbit that set up the tarbaby is untouched and laughing. | From a public relations standpoint, it looks as if Cowen has won. He has achieved his goal of repeating his memes numerous times and showing that other academics make somewhat similar criticisms. Basically, this is a variant of the tarbaby strategy from Uncle Remus. Trick your opponent into a fight with a tarbaby. The opponent may get in all the good licks and totally destroy the tarbaby, but afterwards is exhausted and coated with goo. The rabbit that set up the tarbaby is untouched and laughing. | ||
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| + | {{List|title=Brad DeLong and Paul Krugman school Tyler Cowen|links=true}} | ||
| + | {{Quotations|title=Brad DeLong and Paul Krugman school Tyler Cowen|quotes=true}} | ||
