What is striking about Paul Krugman’s recent article in the Guardian criticising the British ‘austerity culture’ is the complete lack … Continue reading “Where is Krugman the economist?”

Which school of economic thought has been vindicated by the macroeconomic performance of the UK over the past five years? … Continue reading “The final retreat in the fiscal stimulus debate”

Dr Andrew Lilico, member of the IEA’s Academic Advisory Council, writes for CapX: Paul Krugman once did something or other … Continue reading “Paul Krugman is wrong about the UK and borrowing”

Fortunately, as I am in Iceland at the moment, I managed to miss yet another appearance on Newsnight by Paul … Continue reading “Paul Krugman and the recoveryless job explosion”

You have probably seen this video here, where Paul Krugman explains why the threat of an alien invasion could be … Continue reading “What if Paul Krugman’s aliens had already landed?”

Martin Wolf recently committed the Financial Times to a $71.88 lunch-time interview with Paul Krugman. Whatever the quality of the … Continue reading “The answer is ‘inflation’. What was the question?”

Free market capitalism is the best system of economic organisation ever devised. The 20th century demonstrated that it is consistent … Continue reading “Krugman’s liquidity trap claptrap”

‘The fundamental principles of mercantilism and neo-mercantilism are: direction of economic life by the authorities; the belief that money is … Continue reading “Mercantilism is back with a vengeance”