Contrary to the views of Nobel laureate Paul Krugman, shackling the economy is not the way to grow out of a recession

Correcting Krugman on Ozone

By Institute for Energy Research —— Bio and Archives--September 13, 2011

Global Warming-Energy-Environment | Comments | Back To Full Article

Nobel laureate and New York Times columnist Paul Krugman has been known to say some wacky things. After the 9/11 attacks, he opined that they "could even do some economic good." In 2002 he wrote that only a housing bubble could rescue the U.S. economy. After the tsunami, Krugman argued that the Japanese nuclear disaster "could end up being expansionary." And just last month, Krugman went on CNN to claim that a fake alien invasion could pull the world out of recession in 18 months.

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