Here is the full article: facts where the volk only have vibes, and wrong ones at that.
What’s so irritating about the “partisan divide in economic perceptions” becoming the reigning explanation for negative public attitudes about the economy is that they’re such obvious projection. With Trump on the ballot this November, no mainstream pundit will dare speak ill of Joe Biden’s economy, whether it deserves it or not, which is both confusing and galling to audiences, and almost certainly adds to the hesitancy reflected in the polls. How can anyone feel good about things if they sense the “experts” wouldn’t tell them even if they saw a crash coming?
It’s one thing to be called stupid and partisan, but having Paul Krugman do it is almost a compliment. Almost
Krugman is the Jim Cramer of economics. Does anyone actually still take him seriously? Or do they just read his stuff so they can mock him?
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I'm firmly in the just to mock him camp. He still has his NYT column, and his Nobel Prize is always mentioned. Of course, it's usually in the context of "can you believe this clown won a Nobel Prize?"
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Or in reference to “do you remember when a Nobel prize meant something? Now they give it to anyone. Even Krugman has one”
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Alas, it's paywalled after "Why would that be funny? Let’s review:"
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All things don't revolve around anyone in the universe. It's just his psyche that thinks they do.
However, magical thinking was ubiquitous across groups, suggesting that magical thinking is a normative feature of behavior in public goods games that is robust to certain manipulations.
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It requires a trial to view it for non-subs.
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Zero Hedge reprinted it, for anyone who couldn't read the substack: https://www.zerohedge.com/political/paul-krugmans-magical-thinking-taibbi
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54 sats \ 1 reply \ @k00b 2 May
No, I think it's still paywalled, but Taibbi is a great sub, so this is at least a call to action on that.
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He really is, and this is a great article.
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