Delusions of Power

Posted by Pierre Igot in: Society
March 29th, 2003 • 12:00 am

Required reading again by Paul Krugman:

Delusions of Power” by Paul Krugman, The New York Times

They considered themselves tough-minded realists, and regarded doubters as fuzzy-minded whiners. They silenced those who questioned their premises, even though the skeptics included many of the government’s own analysts. They were supremely confident — and yet with shocking speed everything they had said was proved awesomely wrong.

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