Tag Archives: blogosphere

Partisanship and dismal economics blogging

I haven’t been blogging much lately. Frankly, I got tired of it. Of course, very few read what I write, but I have no problems with that. I blog mostly to maintain some record of my thoughts. I mainly got tired of the whole so-called academic blogosphere. In particular the one originating from the US, which of course tends to be quite dominating. My problem is the reductive nature of much academic US blogging. Many bloggers are high-profiled academic economists, who through their blogging are simplifying arguments so as to set up a “Them versus Us” feeling in the mind of the reader. Paul Krugman, of course, excels in this. … Continue reading

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The Krugman Multiplier is too big

Paul Krugman is a very active blogger. Almost every time he writes a post on his New York Times blog, there are several comments made around the economic blogosphere. And sometimes Krugman will respond to a few of the comments made, and then it sets off further comments, and so on. It is a Krugman Blog Multiplier. I posit that it needs no formal empirical evidence to establish that it is way above 1. Way above. In this New Year’s post I’ll show a recent example, and argue why this multiplier is too high, and why one should not always “exploit” large multipliers. Probably one of the issues on which … Continue reading

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Posted in Economic Sciences, Economics, Economists, Macroeconomics | Tagged , , , , , , , , | 15 Comments