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Reality Show Redux

Just a short note before the weekend.

For those who may have perused my earlier post entitled “The New Reality Show: Real Economists of the Ivory Tower,” today saw the airing of the most recent episode of this ongoing saga.

Businessweek took the time to produce a rather amusing graphic regarding the various feuds between Paul Krugman and various members of the freshwater school of economics and their acolytes.

Krugman was kind enough to respond.

Whatever you might think of this ongoing clash of great intellects, and it is certainly entertaining, remember that one of the greatest problems we face today is a gap in consensus on matters economic that is resulting in inaction – when we are most in need of the opposite.

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