Oct 11, 2011

Paul Krugman Is Tired of Trying to Reason with You People

Read Paul Krugman for a dose of sanity during a crazy period of American history.

Krugman, a Nobel-prize winning economist, is the author of The Return of Depression Economics (W.W. Norton and Company; 2000) and a large body of work that is most frequently ignored by President Obama's economic team.

From Krugman on Plutocrats and Occupy Wall Street:
It remains to be seen whether the Occupy Wall Street protests will change America’s direction. Yet the protests have already elicited a remarkably hysterical reaction from Wall Street, the super-rich in general, and politicians and pundits who reliably serve the interests of the wealthiest hundredth of a percent.

And this reaction tells you something important — namely, that the extremists threatening American values are what F.D.R. called “economic royalists,” not the people camping in Zuccotti Park.

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