Arguing with Zombies by Paul Krugman – Book


Paul Krugman is an expert in Economics. He defies the economic analyses favored by Conservatives. In Arguing with Zombies Krugman  resents that “zombie” economic ideas keep being disproved (dying) and that they keep “shambling along” like the zombie ideas they are because they match up with right-wing ideologies.

Of course, he mentions the origins of these ideas, names like Keynes and Friedman, but Krugman sets out to make the rather arcane, rather subjective field of economics clear to all of us who come down with fuzzy brain syndrome whenever the term economics pops up in conversation.

I always read Krugman’s columns in the New York Times , but I must have missed more than a few because, although this book is a hand-picked collection of his columns, he managed to include ones I had not read. If he can explain economics so I can understand it then he’s very talented indeed.

His topics in this book include: saving social security, the road to Obamacare, attack on Obamacare, bubble or bust, crisis management, the Euro, fiscal phonies, tax cuts, trade wars, inequality, Conservatives, Socialism, climate, Trump and the media. On each topic he contrasts his views with those held by Republicans. 

Krugman makes me nod “yes, yes” as I read. If you find yourself nodding “no, no,” then Mr. Krugman is not the economist for you. But I swear he is right. If you read Krugman’s book you can judge if my “Spidey sense” is correct as events in America unfold. Only the last chapter is a bit dense and academic. I appreciate Paul Krugman for his clarity and his ability to come down from the “Ivory Tower” inhabited by most economists.