Monday 1 April 2013

Why Was Paul Krugman So Wrong? | The Nation

Preaching free trade is one thing, but once you announce a policy there are those that figure out how to make it unfree while saying it is free! All policies have responses, some that follow what is expected from the policy and others that do the opposite.

Liberalisation of the financial markets went too far and became something other than mere liberalisation.  Unleashing! MORE LIKE!  

So Krugman is correct, but the writer of the following words defines the hazards of forecasting policy outcomes in any situation!


Sketches from scratches:  http://Woohs.blogspot.com   

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Sketches from scratches is a provocative blogspot that has grown out of the Wuh Lax experience. It is eclectic, which means that it might consider just about anything from the simple to the extremely difficult. A scratch can be something that is troubling me or a short line on paper. From a scratch comes a verbal sketch or image sketch of the issue or subject. Other sites have other stuff that should really be of interest to the broad reader. I try to develop themes, but variety often comes before depth. ... more!