The Corner

Maybe Krugman Is Unraveling

America’s most dangerous liberal pundit — Paul Krugman of the New York Times — has a new book to sell. Problem is, the title’s wrong, the angle’s wrong, and — as usual — the author’s wrong. In the latest installment of the Krugman Truth Squad, NRO Financial’s Don Luskin writes, “[Krugman’s] book is called The Great Unraveling, but right now most things seem to be raveling. I’m thinking remainder bins.” Still, Krugman wants to sell books, so he’s at his catastrophic best in his latest column — a Keynesian roadmap for travelling the dark and plunderous highways of deflation and the liquidity trap. Liquidity what? Anyway, no worries. The Truth Squad is all over it.

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