On Wednesday, 25 November 2015 at 20:10:37 UTC, deadalnix wrote:
On Wednesday, 25 November 2015 at 09:20:53 UTC, John Colvin
wrote:
On Wednesday, 25 November 2015 at 02:33:24 UTC, deadalnix
wrote:
Don't be confused. Krugman do not understand bitcoin, but
Krugman think that terrorism and riots are good, that the
internet will never work and that there was no bubble in
2008, so I think is it fairly secure to ignore him.
I'm not 100% convinced by Krugman in many cases, but I'd say
you'd have to be pretty confident in your own economics
knowledge and intellect to dismiss him entirely, considering
his standing among his - almost by definition also very
knowledgable and intelligent - peers.
That's a false dichotomy. I'm certainly not confident in my
economics. But I'm confident that betting against Krugman is
way safer than the reverse.
Don't agree it's a false dichotomy, but as far as your opinion of
Krugman goes, fair enough; it's not one I share, but in a
discipline as difficult and loose as economics it can be
reasonable to disagree.