Hello khalling,
Wow! Also attributing floccinaucinihilipilification to the rascal! I am unlikely to encounter such a word again! Fantastic articles. If we never heard another word from Mr. Krugman it would be to the benefit of all and still too soon.
Regards,
O.A.

Krugman is an idiot. Interest rates have not increased because they are artificially manipulated by idiot offspring of his. Inflation is under reported as is the unemployment rate. Progressives think this is a great economy and we have dumbed down the public enough that many people agree.

Our economic system has stolen 99% of the US dollar's value in its 100 year life.
Still the politicians (who are puppets of banking) ignore the solution is: killing the federal reserve system and killing the government-created corporate banking cartel.
Krugman is nothing but another banking shill. Being accepted by Princeton for 14 years is just another symptom of how deeply the infection has taken hold of the now nearly dead body of American free markets.

Fivedollargold has deep affection for Princeton University and is thrilled to hear that this jackass is leaving. Hooray!!! Woot, Woot!!!

Great article!
Higher education econ courses focus on Krugman's stuff for practical reasons. The major employer for economists is the government (or any of its supporting players like major banks). Those employers want staff who tell them what they want to hear, so the little Krugmanites get the best job opportunities, and that feeds back to student demand for the courses.

An acquaintance is soon starting a university Econ course, and he is going in "green". I advised him to buy the Thomas Sowell Reader which covers almost everything, and read the relevant chapter alongside whatever politically slanted econ he is being taught.

The notion that he left "in disgrace" b/c of critics would only make sense if the critics were much more esteemed in his industry or there were some clear evidence he lied or cheated in some way. This is just economists in favor of tight monetary policy arguing with those in favor of loose monetary policy.

We certainly don't expect Volcker to agree with Krugman on monetary policy, since Volcker is credited with using tight policy to end the stagflation of the late 70s and early 80s and Krugman is a vocal proponent of loose policy.