Like I expect most libertarians, Paul Krugman provokes a reaction in me similar to that of finding a cockroach on the end of my fork. There’s something deeply repellant in his passive/aggressive demeanour, his arrogant intellectual hubris and that malevolent light in his rodent-like eyes. Therefore I enjoyed this short video, which shows Spanish economist Pedro Schwartz taking him down a few pegs, and also his barely concealed fury at such impudence (@ 13:10).
The event was also notable for being the moment when Krugman found a new excuse for why he seemed to be calling for a housing bubble to replace the dot.com bubble back in 2002. Apparently he has now decided that he was only joking.
Also of interest is this clip from earlier in the year of Krug on Newsnight. If you can stand the first section, where anti-economist Keynes is lionised, the second section where two business people take issue with his views is good.
Amongst our guys, Bob Murphy is probably the most dogged opponent of the Keynesian Krug, who is still hiding from Murphy’s challenge to debate him, even though the money pledges, which would go to a New York charity if it takes place have reached $81,000.