Bio for Clive Crook
U.K. Exit From EU May Really Happen
May 14, 2013 | 37 CommentsVisiting the U.K. over the past week, I realized for the first time that Britain might actually leave the European Union. Of course, it has talked about this eventuality, on and off, almost since it joined -- but for years the constant whining could be dismissed as so much background noise. Things have changed. Attitudes are hardening, and by promising an “in or out” referendum on EU membership after the next election, Prime Minister David Cameron may have put the country on a course that will force it to choose.
Krugman, DeLong and Radical Centrism
May 09, 2013 | 202 CommentsSplit-the-difference centrism is often necessary in a democracy, and not to be despised, but that isn’t how I think about issues.
EU Can Only Make the Best of Its Terrible Choices
May 07, 2013 | No commentsThe European Central Bank has deployed almost the last of its depleted supply of conventional monetary stimulus, cutting its benchmark interest rate last week to 0.5 percent from 0.75 percent. Few expect this to make much difference to Europe’s flailing economy, and financial markets were unmoved. If conventional monetary policy is all but used up, what else is there?
A Little More on Krugman
May 06, 2013 | 263 CommentsAlong with small-government extremists on the Republican side, Krugman and his admirers were at the forefront in casting discussion of the stimulus in left vs. right terms.
Paul Krugman’s Proud War on Fools, Knaves and Lunatics
April 30, 2013 | No commentsCould I say a word about Paul Krugman? A recent blog post by the eminent economist and New York Times columnist struck me as out of the ordinary, even for him. Krugman was responding to critics who accuse him of seeing everybody who disagrees with him as either a fool or a knave. He says that’s not right: Many of those who disagree with him are sociopaths.