While no one takes more potshots than Krugman the results are in and Krugman haters-a la Bob Murphy-will have to read it and weep.
http://krugman.blogs.nytimes.com/2013/07/03/nobody-pays-any-attention-to-what-i-say
Krugman placed on the top-the list was made by the Wall St. Journal .Krugman also says he appreciates Stiglitz placing second just behind him.
"Let me say, the fact that Joe Stiglitz is up there makes me more optimistic about the world; as I’ve written in the past, he’s an insanely great economist, in ways that you really can’t comprehend unless you do economic modeling, but until now I would never have envisioned him having the kind of reach he now does."
"What this might suggest is that the ecnomic world has changed a lot for someone like Stiglitz to now get such a wide hearing. In the past he was usually dismissed out of hand by the VSP in econ. It suggests that this crisis has led to a lot of soul searching. "
http://krugman.blogs.nytimes.com/2013/07/03/nobody-pays-any-attention-to-what-i-say/
In the past despite his accomplishments and his place on the Clinton financial team he was sort of an 'untoubhcable' among the economist ''peer group.' A lot was made of his recent suggestions of some very unorthodox explanations for occurrence of the Depression and the Great Recession. In both cases he suggested that steep job losses through technology changes-in the Depression the move from agriculture to manufacturing; in the GR the move to the Internet economy.
Most conventional-Neoclassical-economists were indignant in their dismissal.
http://diaryofarepublicanhater.blogspot.com/2011/12/stiglitz-guilty-of-macroeconomic-heresy.html
http://diaryofarepublicanhater.blogspot.com/2013/06/jared-bernstein-joins-luddites.html
If his ideas are getting such a wide hearing that is very encouraging and would seem to bode well. Krugman notes more broadly the high number of liberals on the list. As he correctly says himself: the facts have a well known liberal bias.
P.S. I mean 'peers' in the Richard Rorty sense-economists are not just honestly devoted to the pursuit of economic knowledge and truth-I do believe they genuinely do pursue this-but also a social group with its own mores and rules. Stiglitz has often flouted these rules and found himself on the wrong side f his fellow economists.
http://krugman.blogs.nytimes.com/2013/07/03/nobody-pays-any-attention-to-what-i-say
Krugman placed on the top-the list was made by the Wall St. Journal .Krugman also says he appreciates Stiglitz placing second just behind him.
"Let me say, the fact that Joe Stiglitz is up there makes me more optimistic about the world; as I’ve written in the past, he’s an insanely great economist, in ways that you really can’t comprehend unless you do economic modeling, but until now I would never have envisioned him having the kind of reach he now does."
"What this might suggest is that the ecnomic world has changed a lot for someone like Stiglitz to now get such a wide hearing. In the past he was usually dismissed out of hand by the VSP in econ. It suggests that this crisis has led to a lot of soul searching. "
http://krugman.blogs.nytimes.com/2013/07/03/nobody-pays-any-attention-to-what-i-say/
In the past despite his accomplishments and his place on the Clinton financial team he was sort of an 'untoubhcable' among the economist ''peer group.' A lot was made of his recent suggestions of some very unorthodox explanations for occurrence of the Depression and the Great Recession. In both cases he suggested that steep job losses through technology changes-in the Depression the move from agriculture to manufacturing; in the GR the move to the Internet economy.
Most conventional-Neoclassical-economists were indignant in their dismissal.
http://diaryofarepublicanhater.blogspot.com/2011/12/stiglitz-guilty-of-macroeconomic-heresy.html
http://diaryofarepublicanhater.blogspot.com/2013/06/jared-bernstein-joins-luddites.html
If his ideas are getting such a wide hearing that is very encouraging and would seem to bode well. Krugman notes more broadly the high number of liberals on the list. As he correctly says himself: the facts have a well known liberal bias.
P.S. I mean 'peers' in the Richard Rorty sense-economists are not just honestly devoted to the pursuit of economic knowledge and truth-I do believe they genuinely do pursue this-but also a social group with its own mores and rules. Stiglitz has often flouted these rules and found himself on the wrong side f his fellow economists.
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