Defending Cato from Paul Krugman's Inaccurate Assertions | Cato @ Liberty
Paul Krugman, at what is now his usual best (worst) as a columnist, managed to make so many false statements in one column that I lost count. And his loyal readers will never appreciate the facts, much less accept the reality that most libertarian-leaning (which is not "right-wing") economists did foresee the housing bubble and other financial failures on the horizon. Defending Cato from Paul Krugman's Inaccurate Assertions | Cato @ Liberty DANIEL J. MITCHELL If Krugman had bothered to spend even five minutes perusing the Cato website, he would have found hundreds of items by scholars such as Steve Hanke, Gerald O’Driscoll, Bert Ely, and others about misguided government regulatory and monetary policy. He could have perused the remarks of speakers at Cato’s annual monetary conferences. He could have looked at issues of the Cato Journal. Or our biennial Handbooks on Policy. The tiniest bit of due diligence would have revealed that Cato was not a fan of Federal Reserve...