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...Quarter ? Paul Krugman writes in the New York Times that "we've had our hopes dashed in the past, and it remains to be seen whether this is just another one-hit wonder...

Author: /time Magazine | Title: Site-Geist: Economy Grows at Best Pace Since 1984 | 10/31/2003 | See Source »

After Enron’s collapse, Krugman also assailed Bush and Vice President Dick Cheney for doing fuzzy math of a different sort. He accuses Cheney of engaging in a less than immaculate collaboration with Enron when creating an energy plan. He excavates an embarrassing connection between the defense-contracting Carlyle Group, of which George H. W. Bush is an employee, and the bin Laden family. And he exposes Harken Energy’s fake profits and hidden losses, noting that George W. Bush had not only heavily invested in the company, but sat on its board of directors...

Author: By Jessica E. Gould, CRIMSON STAFF WRITER | Title: Krugman ‘Unravels’ Economics | 9/26/2003 | See Source »

Even Krugman’s regular readers will find the indictment of the Bush team in his new book striking. In his introduction, which serves to contextualize his columns, Krugman likens the administration to a “revolutionary power.” He sees the Bush administration as a group of zealous ideologues rooted in the radical religious right, who not only aspire to diminish the separation between church and state, but also seek to completely dismantle the welfare state and aim at a total restructuring of the international geopolitical landscape. What’s worse, according to Krugman...

Author: By Jessica E. Gould, CRIMSON STAFF WRITER | Title: Krugman ‘Unravels’ Economics | 9/26/2003 | See Source »

Krugman’s premise, his insistence that administration officials will use any means available to realize their vision, is central to his book. It is also what has made him a highly controversial figure, and according to him, a target for the Right’s vitriol. Krugman received hate-mail after suggesting that Bush was exploiting the terrorist attacks to achieve his pre-Sept. 11 budgetary and foreign policy objectives. In a column on February 5, 2002, he wrote, “In short, the administration’s strategy is to prevent criticism of what amounts...

Author: By Jessica E. Gould, CRIMSON STAFF WRITER | Title: Krugman ‘Unravels’ Economics | 9/26/2003 | See Source »

...Krugman does not prescribe a program to help the United States out of the economic, political and moral quagmire he describes. As he declares at the end of his introduction, “This is not, I’m sorry to say, a happy book.” But, he continues, “Don’t despair: nothing has gone wrong that can’t be repaired. But the first step in the repair job is understanding where and how the system got broken...

Author: By Jessica E. Gould, CRIMSON STAFF WRITER | Title: Krugman ‘Unravels’ Economics | 9/26/2003 | See Source »

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