The Ignoramus Strategy – NYTimes.com – Paul Krugman

Angela Merkel, chancellor of Germany.

Angela Merkel, chancellor of Germany. (Photo credit: Wikipedia)

Paul Krugman, Laureate of the Sveriges Riksban...

Paul Krugman, Laureate of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2008 at a press conference at the Swedish Academy of Science in Stockholm (Photo credit: Wikipedia)

I recommend the latest blog from Nobel winning, liberal, economist Paul Krugman, writing in the New York Times.

The Ignoramus Strategy – NYTimes.com.

In this blog, Paul Krugman challenges the case for austerity using really simple English and sound practical examples.

With austerity and the austerians so thoroughly discredited, why are political leaders like German Chancellor Angela Merkel still promoting austerity for most of Europe and modest export led growth for Germany?

Surely, there’s a case for translating the Paul Krugman article into German and debating it as a German election issue?

Do German voters seriously want Germany to be increasingly isolated?

What do you think?

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15 responses

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