I put debate in quotes because I think Krugman is a joke, and I can’t believe anyone actually reads his stuff for anything other than pure entertainment.
On Yahoo’s Tech Ticker, Niall Ferguson fires back with his side of the story – which is based on actual economic history, rather than Keynsian “pie in the sky” theory.
Also a heads up that I’ll be posting a review of Ferguson’s book The Ascent of Money in the next few weeks. It was a very good read, so if you’re thinking about getting it, I’d say go for it.
Hat tip to fellow Austrian economic disciple and friend JL for sending this clip along today!