Jeremy Warner on Populist Paul

Save for his careless (albeit common) talk about trade "imbalances," Jeremy Warner, writing for the London Daily Telegraph, is smack-on in his criticism of Paul Krugman.  Some paragraphs:

Paul Krugman, a Nobel Prize-winning economist, has taken to advocating a 25 per cent "surcharge" – he refuses to use the more descriptive term of "import tariff" – on goods from China as a way of bringing the Chinese leadership to heel over currency reform. So potentially dangerous and out of character is...