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>> I wonder if anyone outside the febrile circle of committed New York Times “progressives” still takes Paul Krugman seriously? An eminent writer on economics for a rival paper tells me that he and his colleagues long ago decided to ignore Krugman. They just stopped responding to his hectoring exercises in economic fantasy, or even mentioning his name, because to respond, no matter how critically, accorded Krugman a legitimacy, a seriousness, he didn’t deserve.

There is something to that. To respond to Paul Krugman is like staring at the poor chaps who stand on street corners shouting obscenities at imaginary enemies. It just isn’t polite, and mothers are right to shade their children’s eyes and hurry them by such pathetic scenes of mental anguish. “What’s wrong with that man, Mommy?” “Hush, children, it’s impolite to point and stare. Let’s get along home.”
I suspect that Paul Krugman is going to find his street corner more and more lonely in the weeks to come. Barack Obama’s redistributionist, spendaholic, big-government, blame-America-first policies have finally been revealed for what they are: not the post-partisan, prosperous, green utopia he promised, but an economic and foreign policy disaster. Americans see that, which is why Obama’s campaign is visibly disintegrating by the day and angry, partisan hacks like Paul Krugman are increasingly shouting for themselves alone. No one is listening because we’ve heard it all before and know it’s hooey.

arrete - the econ prof that gave the talk the other day tried to talk about Krugman with a straight face but failed.
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