Tuesday, January 6, 2009

A Nobel Low: Krugman Calls Small Government Philosophies Racist

Cord Blomquist asks

  • “How does Krugman attempt to do this?  First, he points to the G.O.P., as though Republicans are the vanguard of small government.  He claims that, “Forty years ago the G.O.P. decided, in effect, to make itself the party of racial backlash.” 
  • Mr. Krugman knows better and is hoping that smearing the philosophy of limited governement with accusations of racism will save him the work of presenting real, honest arguments against a very powerful set of ideas. 
  • Those powerful ideas were developed by philosophers and economists like Adam Smith, John Locke, John Stuart Mill, Friedrich Hayek, and Milton Friedman—giants of the academy. 
  • Hayek and Friedman especially must be known to Krugman.  Both were recipients of the same prize as Mr. Krugman, the Nobel Prize in Economics. 
  • Both were also more reasoned in their opinions than Mr. Krugman. 
  • Rather than dismissing ideas he disagrees with as racist, Mr. Krugman ought to get back to his academic roots and engage in a little constructive dialogue.  Perhaps that would prevent him from producing the the kind of thoughtless drivel he’s been allowed to publish in the New York Times”.

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