Arguing with Zombies
by Paul R. Krugman · first published 2020
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There are several books with the word “Zombie” on the title that can specifically teach you exactly about that! Some of them actually authored by Economics Nobel Prize winners ;) Here: "Arguing with Zombies: Economics, Politics, and the Fight for a Better Future" by Paul Krugman (2020) "Zombie Economics: How Dead Ideas Still Walk Among Us" by John Quiggin (2010) Bonus: "Predictably Irrational" by Dan…
on “Money lessons without money: The financial literacy fallacy” ↗Unfortunately. May I recommend a book by an Economics Nobel Prize winner? Here: "Arguing with Zombies: Economics, Politics, and the Fight for a Better Future" by Paul Krugman (2020) And maybe even better: "Austerity: The History of a Dangerous Idea" by Mark Blyth - 2013
on “Money lessons without money: The financial literacy fallacy” ↗…right. See also "expansionary austerity". In fact Krugman recently wrote an entire book on "zombie ideas": certain things that come up over and over again, often over several decades, but will not die; Arguing with Zombies: * https://wwnorton.com/books/9781324005018 * https://www.theguardian.com/books/2020/may/03/arguing-with-z... * https://www.theatlantic.com/magazine/archive/2020/01/review-... There are correct answers.…
on “Why inflation is not a threat” ↗…serious stimulus efforts next year, even amid continued economic misery. * https://www.washingtonpost.com/opinions/2020/10/14/how-repub... Paul Krugman has an entire section on this in his latest book Arguing With Zombies.
on “The pandemic has eroded democracy and respect for human rights” ↗…economists; then they came for the climate scientists and the evolutionary biologists. * https://krugman.blogs.nytimes.com/2016/07/18/the-gops-origin... He has an entire section on this in this recent book Arguing with Zombies, along with how the GOP are worried about deficits and debts when they're out of office, but then don't once they're in power (e.g., tax cuts in the December 2017 budget): * https://wwnorton.com/books/9781324005018…
on “50 years of tax cuts for the rich failed to trickle down, economics study says” ↗