Comments on: Paul Krugman on Charlie Rose http://www.ritholtz.com/blog/2009/07/paul-krugman-on-charlie-rose/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Sat, 21 Nov 2009 22:04:14 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Amateur http://www.ritholtz.com/blog/2009/07/paul-krugman-on-charlie-rose/comment-page-1/#comment-189790 Amateur Sat, 04 Jul 2009 02:42:16 +0000 http://www.ritholtz.com/blog/?p=30900#comment-189790 Paul Krugman has an agenda. He is not promoting what he believes, he promotes what he wants. The nationalization of banks -also discussed in this interview- is another example, as is the unfounded demonization of Goldman Sachs. The medical-industrial complex? A cliche from the 60's, any substance behind it? The US can certainly do better in health care. But more honest and objective views will have to prevail. Paul Krugman has an agenda.
He is not promoting what he believes, he promotes what he wants.
The nationalization of banks -also discussed in this interview- is another example, as is the unfounded demonization of Goldman Sachs.
The medical-industrial complex? A cliche from the 60’s, any substance behind it?
The US can certainly do better in health care. But more honest and objective views will have to prevail.

]]> By: impermanence http://www.ritholtz.com/blog/2009/07/paul-krugman-on-charlie-rose/comment-page-1/#comment-189781 impermanence Sat, 04 Jul 2009 00:54:57 +0000 http://www.ritholtz.com/blog/?p=30900#comment-189781 Paul Krugman does not understand very much about health care. He says, "The hard choices are all political." He does not understand that there are two major issues in health, number one being, do you want a system about health or one about disease, and number two being, technology. If you do not understand these two issues, as it is obvious, Mr. Krugman does not, then it would be like interviewing Willie Mays about whether the red line should be eliminated in ice hockey. A Nobel prize in economics is one thing, understanding the economics of health care is quite another. Paul Krugman does not understand very much about health care. He says, “The hard choices are all political.” He does not understand that there are two major issues in health, number one being, do you want a system about health or one about disease, and number two being, technology.

If you do not understand these two issues, as it is obvious, Mr. Krugman does not, then it would be like interviewing Willie Mays about whether the red line should be eliminated in ice hockey.

A Nobel prize in economics is one thing, understanding the economics of health care is quite another.

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