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I think the tragedy of Krugman isn't just how bad he was, but that he was capable of doing legitimately brilliant work.

I was just reading something else and found this gem:

Socialism allocates scarcity.
Capitalism incentivizes abundance.
Always good to remind ourselves of this from time to time.
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Once he got on the NYT gravy train, I guess he saw no reason to get off of it. He must not have had a real urge to further his research. That is really a shame. He was in on the ground floor of the trade theory but left it for the NYT.

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