Paul Krugman’s Strawman Arguments Against Austrian Economics

Paul Krugman can’t stand the fact that students of the Austrian school of economics (e.g., Ron Paul) accurately predicted the housing bubble and financial crisis it precipitated and warned against the policies that caused it, while Krugman advocated that the Federal Reserve print money to push down interest rates to create a housing bubble to replace the dot-com bubble (as I document in my book). He despises the Austrians for showing him up and illustrating the intellectual bankruptcy of his...