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By lex, on September 3rd, 2008

Not everyone will be 100% in love with them.

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September 3rd, 2008 | Tags: | Category: Media

5 comments to Archives

  • Bob
    September 3, 2008 at 5:49 pm

    One of the rich ironies in that catalog of declarations is the repeated mistakes of Paul Krugman. For those who don’t know much about him, he is an exceptionally sharp international trade economist, earning a richly-deserved reputation among academic economists for his work on a number of interesting problems in that area.

    The irony is that one of the bedrock ideas in trade economics is comparative advantage: (roughly) nations export what they are relatively efficient at making and import what they are relatively inefficient at making (again, roughly put….). Another way of saying this is that effort and resources should be put toward the highest return uses, and this will vary depending on the characteristics of the resource.

    Prof. Krugman (he holds a chair in economics and international affairs at Princeton University) seems not to recognize that his claims about military matters are a devastating example of the lessons of specialization. I am unaware of anything in his background, save his marriage to another academic who works on security issues, that qualifies him to make pronouncements on military and security matters. (I know some E-9′s who have forgotten more about the surge than he will ever know.)

    That he is so dead wrong about these issues is not surprising. That he continued on this path for so long is a bit surprising for a guy who has said a lot of very insightful things about specialization and productivity.

    The rest of the dimwits at the NYTimes are just dimwits IMHO.

  • SJBill
    September 3, 2008 at 6:11 pm

    Smart money says all the above idiots are wrong:
    http://finance.yahoo.com/q/ta?s=NYT

    HEH! WooT!11!

  • Glenn M. Cassel AMH1(AW) Retired
    September 4, 2008 at 5:13 am

    I didn’t see a single one of those people with any military experience. Hmmmmmmm
    This old seadog has to wonder, are any of them up for a job in a obammy admin.

  • JimmyT
    September 4, 2008 at 5:48 am

    I especially like this one:

    Three months into Mr. Bush’s troop escalation, there is no real security in Baghdad and no measurable progress toward reconciliation, while American public support for this folly has all but run out. — NYT Editorial, 5/11/07

    The date of 5/11/07 is telling as the surge if I am not mistaken did not officially start until June, one month later. I just love those guys at the NYT, their crystal ball is so accurate!!

    I wouldn’t pay a penny for the NYT except maybe if I owned a puppy mill and needed flooring. That’s all its good for!!

    BT: Jimmy T sends.

  • RetRsvMike
    September 4, 2008 at 7:23 am

    he’s an economist?

    so this, then, finally is that Laugh-er curve they talk so much about?
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