Andrew Leonard has a column “How the World Works” on Salon. I’m pretty sure in the past I have disagreed strongly with things he has written, but I have no complaints with his take on Paul Krugman’s recent article in the New York Times magazine. Leonard generally congratulates Krugman for his discussion of the big guns in mainstream economics (and I agree Krugman did a good job of that), but then Leonard says:
Note to some HTWW readers: In Krugman’s world, the profession is divided up mainly between the neoclassicals and the New Keynesians. There is not a whisper of the Austrian School. [Link in the original!--RPM]
(Thanks to Bob Roddis.)
UPDATE: I just dug up the article I had had in mind; I was really upset at something Andrew Leonard had written in the past. Believe it or not, Gene Callahan and I once co-authored a defense of Ron Paul fans for LRC. (Crazy, I know.) And that article contained one of my favorite zingers I’ve ever penned:
At this point we must warn our readers: As far as we can tell – and we’re experts at this, folks – in the above quotation Leonard has somehow contorted himself into using an incorrect stereotype as the basis for an invalid argument, where the conclusion applies to himself rather than his opponent. More succinctly, it is a hypocritical non sequitur anchored in a falsehood. Consequently, you may get lost in our delicate unraveling of the nonsense, but please keep in mind that Leonard left us no choice.
Ah, good times.