Paul Krugman is one of the leading academics in his field of economics and holds a Nobel Economics prize to prove it.
He is a leading proponent of Keynesian economics – the winning type of economics. Unlike the selfish and quite simply stingy Austrian economics that seeks to impoverish everyone by not having enough easy money in the system – Keynesian economics enriches everyone through generous deficit spending. History has proven time and again that Keynesian government spending makes everyone richer.
A little known fact about Paul Krugman is that, as a young man, while walking home to his dorm late one night from MIT (where he received his PhD) he came across a house fire. He bravely broke down the door and rescued three young children – Â what a champion!
Since Paul Krugman is one of the real luminaries of our intelligentsia, we here at the Accredited Times thought it would be fun to make a long list of nice things to say to him:
- Your smile is contagious
- You look great today
- You’re a smart cookie
- I bet you make babies smile
- You have impeccable manners
- I like your style
- You have the best laugh
- I appreciate you
- You are most perfect
- Â You’re brave
- You’re like sunshine on a rainy day
- Everything would be better if more people were like you
Thanks Paul Krugman  – your tireless work has kept us all out of the poorhouse.
Just a quick note before we leave you, as Paul Krugman is one of our favorite heroes can everyone please think very carefully before they leave a comment – we don’t want any embarrassing troll stuff please.
I was particularly impressed with Honorable Krugman’s post about the huge benefits of world wars:
“Oh! What A Lovely War!”
http://krugman.blogs.nytimes.com/2011/08/15/oh-what-a-lovely-war/
Mobilizing huge military machinery is one of the best ways to increase government spending for the prosperity of all citizens!
That was a masterpiece. I also enjoyed Krugman’s essay on how an alien invasion would help boost our economy.
http://www.huffingtonpost.com/2011/08/15/paul-krugman-fake-alien-invasion_n_926995.html
Paul Krugman is one the greatest economists ever to walk this earth, and his achievements will be spoken about for thousands of years to come. The advice of Krugman and other top economists is what helped Obama engineer the greatest recovery in US history, creating thousands of good-paying jobs and one of the greatest stock market rallies we have every seen.
Thanks for this article, Krugman is right regarding the economic boost provided by war.
My grandparents’s recollections of this period ( the great depression and the Keynesian recovery during WWI ) is a treasure that they left to me a long time ago. It was a golden age for unions, one of my uncles organized countless strikes and burned down many factories owned by capitalist pigs, he was some kind of SJW without an iphone. You can’t imagine how many uneducated unemployed people were ready to stab in the back their own working compatriots and prostitute themselves for lower wages than what the unions requested; many got some broken legs in order to teach them a lesson.
When the war took place, everything changed for my grand parents, they all found a job in the armament factories. They had to modify slightly their diet and change their habits as iron got scarce and rationning came in force, it’s not always easy to cut firewood with an axe blade made of wood, but replacing bacon & butter with onions and sugar with powdered potatoes had a positive effect on their health. Tears were rolling down the face of my grandfather when he described this christmas eve in 1943 when the 8 members of the family cooked and shared an egg that someone had brought, “those were the best years of my life!”
I think Obama should declare martial law and remain President for a third term, and consult Krugman as his chief economic adviser. Obama has already engineered the greatest economic recovery in US history – imagine what he could do with Krugman at his side for another four years.
Paul Krugman’s theories have proven correct time and time again. Fiscal and monetary stimulus ended the great depression, and transformed the 2007-2008 financial crisis into a period of stellar economic growth with record stock market highs. If fiscal and monetary stimulus doesn’t work, it’s only because there isn’t enough of it.
I just like the guy’s beard, I think it suits him and am trying (so far unsuccessfully) to grown my own. Sorry if this is somehow unintellectual but I feel that my feelings are just as important as your intellectual thoughts. Please don’t be bigoted like my wife who laughs at me. I just feel that my best shot at getting a nobel prize is either being black and voted US president (unlikely, I am not black or in fact American) or having a serious beard and tweeting about social justice issues with an economic slant.