Economics

KRUGMAN: We Are On The Brink Of A Technology Revolution That Will Transform Our Economy

Paul Krugman, Laureate of the Sveriges Riksban...

As a quasi techie, this article caught my eye…

Business Insider

A life-changing technology revolution, which we thought it was decades away, is upon us, says economist Paul Krugman, author of “End This Depression Now!

“So far the information technology revolution doesn’t hold a candle to previous technology revolutions,” Krugman said in an interview with Business Insider editor-in-chief Henry Blodget.

“The really big revolutions were the ones that took place largely towards the end of the 19th century that actually powered growth for a long time after that.”

But now, with driverless cars becoming a reality, technology is closer to affecting our physical world — transportation, productivity and efficiency, among others.

Watch Krugman making the case against technology pessimists below.

http://www.businessinsider.com/paul-krugman-on-technology-and-the-economy-2013-2

Krugman: 9/11 made Bush, Giuliani become ‘fake heroes’

Paul Krugman, Laureate of the Sveriges Riksban...

Image via Wikipedia

I’d have to agree with Nobel prize winner in economics, Paul Krugman on his assessment…

The Raw Story

This story may not be going away for a long while.

New York Times columnist Paul Krugman lashed out at the commemoration of the 10 year anniversary of September 11th, labeling George W. Bush and Rudy Giuliani as “fake heroes.”

On his “Conscience of a Liberal” blog Sunday morning, the Princeton economics professor didn’t lack in showing any temerity in his comments that certainly will upset conservatives.

“What happened after 9/11 — and I think even people on the right know this, whether they admit it or not — was deeply shameful,” he wrote. “Fake heroes like Bernie Kerik, Rudy Giuliani, and, yes, George W. Bush raced to cash in on the horror. And then the attack was used to justify an unrelated war the neocons wanted to fight, for all the wrong reasons.”

Krugman, who normally allows comments, also wrote that he wasn’t going to allow comments under this post “for obvious reasons.”

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