In an historic dismantling, Economic Historian Niall Ferguson exposes once and for all the truth of progressive economist, Paul Krugman. We thought we’d share this dismemberment of the leading progressive voice of statist economics with our readers, one lovely part at a time. So keep watching- we will be exposing Krugman’s destruction at the hands of Niall Ferguson over the next few days. This is part one:
Much Bigger Than The Shutdown: Niall Ferguson’s Public Flogging Of Paul Krugman
Niall Ferguson calls Krugman and his acolytes out for many, meticulously documented, errors and omissions. And he does not just show Krugman up as wrong but as a blackguard surrounded by a bodyguard of hooligans, all guilty of bullying. Ferguson on Krugman:
Where I come from, however, we do not fear bullies. We despise them. And we do so because we understand that what motivates their bullying is a deep sense of insecurity. Unfortunately for Krugtron the Invincible, his ultimate nightmare has just become a reality. By applying the methods of the historian – by quoting and contextualizing his own published words – I believe I have now made him what he richly deserves to be: a figure of fun, whose predictions (and proscriptions) no one should ever again take seriously.