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Krugman and Sorkin told me that they talked Thursday. Sorkin said the conversation was “very cordial.” Krugman called it “not much fun.” They agreed that they disagree on the definition of nationalization.
Earlier: “Andrew Ross Sorkin Owes Several People An Apology”
Dueling Columnists [NYT]
That’s a headline over at Sorkin’s employer this morning, written by colleague Paul Krugman. No response yet from Sorkin, who’s either a) sweating bullets b) having a good laugh about this with his new Hollywood friends or c) soaking a rag in chloroform and preparing to enter Krugs’s office and rub it on his face while grunting “SHUT UP OLD MAN.” In the meantime, who does PK think ARS should be apologizing to, and for what? Obviously Krugs has someone/something in mind but the possibilities seem potentially endless. Is it:
A. Lloyd Blankfein (“Gollum“? Really? Ya thought he wasn’t gonna catch wind of that one?) Continue reading »
“…having shown the effects of economies of scale on trade patterns and on the location of economic activity.” Wait, seriously? SERIOUSLY?
Paul Krugman Wins Economic Nobel [Dealbook]
Homeownership is overrated and the government went too far in pushing it on the American people, Paul Krugman writes in today’s New York Times. He suggests it’s time for America to “drop the obsession with ownership.”
We couldn’t agree more. Four months ago we wrote: “The social engineering program entitled the ‘ownership society’ has failed and ought to be abandoned.”
