Krugman, Don't Throw the Baby Out with the Bathwater Just Yet [View article]
Krugman is flat out wrong because he is shortsighted in his assessment of the consequences. Consider what happened when Lehman failed and ask what will happen if the USG nationalizes the banks - mass arteriosclerosis in the financial system would result. And the impact of that on the economy would be disastrous.
Too Big to Survive? [View article]
Krugman, Don't Throw the Baby Out with the Bathwater Just Yet [View article]