You Can’t Always Trust The Experts

Posted: May 21, 2012 in Economics
Tags: , ,

Paul Krugman is a Keynesian “expert economist”. He is also full of shit.

The attached article shows why statistics can’t always be trusted and why simple manipulation of data can paint an entirely different picture than reality.

The article also shows that just because someone is considered an expert that doesn’t make them trustworthy or always correct. When it comes to economists Krugman is one of the most highly marketed men on television. His analysis is often considered the “official” word on economic conditions by many networks.

To keep with the running theme of this blog I feel this article proves once again that it is crucial to always question the official story.

  1. Jeff says:

    I’m about to write a paper for school that contrasts Keynesian and Austrian economic theories. Any good places you would point me to on the web?

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