Skip to content

Krugman: Reinhart-Rogoff zombie

February 27, 2013

Paul Krugman zombies again “Another Attack of the 90 Percent Zombie“:

zombie paul krugman

Is Reinhart-Rogoff itself a zombie? Not quite — it could still be true, although I don’t think so. But the idea that the 90 percent threshold is a definite result, established beyond question, is very much a zombie idea, one that has been killed repeatedly but just won’t stay down.

So, the Reinhart-Rogoff correlation is “not quite” a zombie (even though he disagrees with it) and the “zombie idea” is that the correlation is established as causative fact. So now, Krugman is admitting that zombie ideas could be true and depend on level of skepticism. How many correlations does it take to get to the center of a tootsie roll pop?

Note again connection of Italy and Japan.


From → economics

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: