- Joined
- Jul 12, 2010
- Messages
- 3,715
- Reaction score
- 751
- Location
- Northern Virginia
- Gender
- Male
- Political Leaning
- Independent
Granted, I still generally disagree with his overall economic worldview. I did happen to come across some of his ideas that I do support. Though, as a social democrat, I don't see how he can stand by such viewpoints:
From WIKI:
Krugman has advocated free markets in contexts where they are often viewed as controversial. He has written against rent control in favor of supply and demand,[126] argued that "sweatshops" are preferable to unemployment,[27] challenged minimum wage and living wage laws,[127] likened the opposition against free trade and globalization to the opposition against evolution via natural selection,[128] opposed farm subsidies[129] and mandates, subsidies, and tax breaks for ethanol,[130] questioned NASA's manned space flights,[131] and written against some aspects of European labor market regulation.[132][133] He once famously quipped that, "If there were an Economist’s Creed, it would surely contain the affirmations 'I understand the Principle of Comparative Advantage' and 'I advocate Free Trade'."[134][135]
From WIKI:
Krugman has advocated free markets in contexts where they are often viewed as controversial. He has written against rent control in favor of supply and demand,[126] argued that "sweatshops" are preferable to unemployment,[27] challenged minimum wage and living wage laws,[127] likened the opposition against free trade and globalization to the opposition against evolution via natural selection,[128] opposed farm subsidies[129] and mandates, subsidies, and tax breaks for ethanol,[130] questioned NASA's manned space flights,[131] and written against some aspects of European labor market regulation.[132][133] He once famously quipped that, "If there were an Economist’s Creed, it would surely contain the affirmations 'I understand the Principle of Comparative Advantage' and 'I advocate Free Trade'."[134][135]