Wednesday, July 13, 2011

"Ohhh Buh-yam!" of the Day

. Wednesday, July 13, 2011

Stephen Williamson, on the Krugman-Cochrane rivalry:

It's likely that, in the absence of his Krugman-critique, Cochrane would never have appeared on Krugman's radar screen, much like the rest of the the economics profession or, indeed, economics in general. However, Cochrane now has a place of honor on Krugman's list of bad guys, and serves as a convenient foil, particularly given his University of Chicago affiliation.

I still think this is basically theater.


"Ohhh Buh-yam!" of the Day
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