A skeptical leftist's, or post-capitalist's, or eco-socialist's blog, including skepticism about leftism (and related things under other labels), but even more about other issues of politics. Free of duopoly and minor party ties. Also, a skeptical look at Gnu Atheism, religion, social sciences, more.
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March 27, 2009
Krugman gives Summers a smackdown
Paul Krugman notes that President Barack Obama’s economics czar, Larry Summers, is ultimately the eminense grise behind Treasury Secretary Tim Geithner’s TALF, TARP 2.0 and other alphabet soup. Krugman notes that our post-World War II growth was NOT dependent on a massive, and wheeling-dealing, “finance sector,” so, contra Summers, he says we don’t need one now either.
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