Krugman must be loving this

Paul Krugman sounds like a lot of my old econ profs. This is what someone who taught at a major land-grant institution in Minnesota HAD to sound like to get a job in 1972. After all, the head of the department was Walter Heller—the guy who liked to brag that he taught Keynesianism to Kennedy. But folks, these guys are VERY rare these days so Krugman has an almost uncontested monopoly on sane economics. Give him a Nobel and a column at the NYT, and this guy has turned his most recent book tour into a victory lap. Of course, life has been made infinitely easier because his intellectual opponents are forced to defend calamities of their own making. Krugman just toys with these clowns.

Watch Krugman's Solution to Fiscal Stimulus? It Involves Aliens on PBS. See more from PBS NewsHour.