Sorry to keep posting economics garbage. But that's the stuff I'm reading lately and I can't help myself. Just tune me out if I'm getting pedantic. Anyway, this one is for Aaron. Aaron, is there any reason we should keep (or start) taking guys like Krugman remotely seriously? Here we have Krugman with the broken windows fallacy writ large. His arguments just seem so intuitively wrong on every level that I've been suppressing guffaws in my office for the last ten minutes after watching this clip.
I know Krugman comes off as an ideologue, but lots of economists still think this way. Help!