I cannot help but think what Keynes and Hayek, friends who engaged in profound and respectful private and public debate about economic policy for decades, would make of the ugly and childish econoblog culture which Krugman and DeLong have helped create.
That’s Benn Steil of the Council on Foreign Relations, writing in the FT’s Economists’ Forum about the response to his op-ed in the FT earlier this month – Keynes and the triumph of hope over economics.
We’re not getting involved. Just thought it was worth pointing out.
Related links:
The Economists’ Forum – FT.com
Council on Foreign Relations Crashed-and-Burned Watch – Brad DeLong
Wingnuts, wingnuts everywhere – Paul Krugman