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1) What is living and what is dead in social democracy?

2) The economics of fancy cupcakes.

3) Paul Krugman predicts the (grim) future.

4) Most mutual funds don't outperform the market. And those that do don't outperform their fees.

5) A deficit-neutral stimulus plan.

Recipe of the day: Got some leftover turkey? Then try this spicy turkey soup with yogurt, chickpeas and mint.

By Ezra Klein  |  November 30, 2009; 6:20 PM ET
 
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Next: Obama -- and the Congress's -- impressive first year

Comments

--"social democracy"--

What a voluminous gasbag of propaganda that is.

Passing nod and mention to the Austrians, even granting that "the Austrians have had their revenge", but then there's no looking back as it's all Keynes, Keynes, Marx, Keynes, Marx, Keynes, and Keynes at the wire.

Valley Girl fluff: "The problem lies not in social democratic policies, but in the language in which they are couched", as though corrupt, inefficient, freedom-sucking, wealth-sucking bureaucracies can be rendered otherwise with a few rhetorical flourishes.

The section on privatization is utter rot, missing the irony in its three arguments in calling endeavors "privatized" when the failure in each case is that the government still has its mitts all over everything, ipso facto rendering the claim that privatization doesn't work a lie.

Etc.

Somewhat cleverer than what one finds on the World Socialist Web Site, or Marxist dot com, but at bottom, the same swill.

Posted by: msoja | November 30, 2009 8:21 PM | Report abuse

Here's my grim prediction for the future: progressive initiatives continue to fail in the legislature, Paul Krugman and the rest of the left continues to grumble angrily about executive will and Obama's inability to take Bold Action.

Posted by: WHSTCL | December 1, 2009 1:17 AM | Report abuse

What Krugman says is happening with the economy is exactly what will happen with this health reform:

Half measures will land us in a trap. The political establishment will see reform as having been discredited by events. It will be very hard to come back and scale the policy up to where it should have been in the first place.

Posted by: bmull | December 1, 2009 3:42 AM | Report abuse

paul krugman gives new meaning to the word, "sanctimonious."
he seems to take perverse and what begins to appear, personal pleasure, in giving out charcoal for christmas to the administration.

i think it is easier for a professor of economics to opine over taking bold measures, and the inefficacy of "half-measures" and ridiculing hope as a plan, than it is to implement change in the structure of our economy, health care reform and foreign policy, as president of the united states.
the personal nature of paul krugman's writings, make it seem that he, like the republicans, would feel a sanctimoniously jealous delight in seeing the administration's policies fail.
his predictions seems to carry a measure of ill will, even if he considers himself a bellweather, predicting storms ahead.

how possible is bold reform in a country as disparate, polarized and fragmented as this one? paul krugman's attacks and criticisms on the administration's economic policy are almost gleeful in their smugness, over the past months.
whether his predictions are going to be right or wrong, (and so far, some of his scenarios of several months ago, have not emerged as he predicted,) there is a great difference between pontificating in the theoretical world, and implementing action in the real world.
when i read paul krugman, it reminds me of what it was like years ago, reading books on the lamaze method and caring for a newborn, and then actually going through it, and then having a crying and fragile baby in your arms.
a big difference between the one on the sidelines, proffering advice and criticism, and the one standing there, in the middle of the night, holding the inconsolably crying child.





Posted by: jkaren | December 1, 2009 6:50 AM | Report abuse

--"a sanctimoniously jealous delight in seeing the administration's policies fail"--

Collectivism always fails because it kills the individual spirit. There is no joy in watching that happen, knowing what will happen as the politicians make false promise after false promise to the sea of credulous hopefuls. There can be joy, however, in watching the political process stymie those who would drag this country further down into the barbarism of cheap faction, giving us all a reprieve from the looming government failure. You might want to contemplate the distinction.

Posted by: msoja | December 1, 2009 8:50 AM | Report abuse

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