On 1/26/99 Mark Crosby wrote:
>---T0Morrow@aol.com wrote:
>> Query, though, whether Krugman knows much about
>>biology. I recall thinking that his criticisms of
>>bioeconomics were about half-right.
>
>I recall this also ;)
>
>> >Paul Krugman is a very good economist. Robin Hanson
>
>Does "very good economist" mean he knows how to
>construct models? Krugman is certainly very good at
>being a controversial talking head... The following
>might be of interest ...
>"Friedrich Hayek and Joseph Schumpeter have many
>modern admirers .. But were they great economists? I
>don't think so." Paul Krugman, _Slate_, Dec. 2, 1998
>[CUT - huge number of quotes from distinguished
>economists citing Hayek's insights as essential to
>their own work.]
>... I objected to his having
>written that, before John Maynard Keynes came along,
>the world's understanding of recessions was "in a
>state of arrested development." Wasn't he familiar
>with the Austrian theory of business cycles, ...
I agreed almost entirely with Krugman's assessment of Bionomics, and have great respect for his academic work. I have also like most of his stuff for public consumption - he is refreshingly non-ideological and clear headed.
Robin Hanson
hanson@econ.berkeley.edu http://hanson.berkeley.edu/ RWJF Health Policy Scholar FAX: 510-643-8614140 Warren Hall, UC Berkeley, CA 94720-7360 510-643-1884 after 8/99: Assist. Prof. Economics, George Mason Univ.