05 septembre 2007

Sadly, yes 

From Megan McArdle, about Paul Krugman :
He has gone from being the best popular economics writer of his generation, to being a mediocre political writer. This is a tragedy for us, though I presume he likes things that way.
Matthew Yglesias counters that Krugman has been right more often than not about the awfulness of George W. Bush, and from the very beginning. Well, yes. But even if he were the best political columnist in America (which, clearly, he's not), that wouldn't change the fact that he is a much better economics writer. Once again, it all comes down to comparative advantage.