Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe Centrist Dodge
http://krugman.blogs.nytimes.com/2012/06/30/macroeconomics-and-the-centrist-dodge/Macroeconomics and the Centrist Dodge
Simon Wren-Lewis says something quite similar to my own view about the trouble with macroeconomics: its mostly political. And although Wren-Lewis bends over backwards to avoid saying it too bluntly, most not all, but most of the problem comes from the right.
If this sounds familiar, if it reminds you of the problem of partisanship in U.S. politics, it should. There are close parallels, as well there might be, since the trouble in macro is in effect a symptom of this wider political war. And theres another parallel: many of those decrying the conflict within macro without facing up to the real sources of that conflict are playing the same unhelpful role being played by fanatical centrists within the punditocracy. (And no, fanatical centrist is not an oxymoron).
By now, the centrist dodge ought to be familiar. A Very Serious, chin-stroking pundit argues that what we really need is a political leader willing to concede that while the economy needs short-run stimulus, we also need to address long-term deficits, and that addressing those long-term deficits will require both spending cuts and revenue increases. And then the pundit asserts that both parties are to blame for the absence of such leaders. What he absolutely wont do is endanger his centrist credentials by admitting that the position hes just outlined is exactly, exactly, the position of Barack Obama.
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
4 replies, 906 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (4)
ReplyReply to this post
4 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
The Centrist Dodge (Original Post)
Cary
Jun 2012
OP
Cary
(11,746 posts)1. And Greg Sargent's Article, Which Professor Krugman Links To
http://www.washingtonpost.com/blogs/plum-line/post/the-centrist-dodge/2011/11/16/gIQAmIFTRN_blog.html
I have noticed that this is not only a phenomena of the right or the alleged center. We seem to have a fair number of lefties doing it as well.
I have noticed that this is not only a phenomena of the right or the alleged center. We seem to have a fair number of lefties doing it as well.
xchrom
(108,903 posts)2. du rec. nt
Cary
(11,746 posts)3. Yeah, this one rang true for me too.
Professor Krugman is great. Check out his Manifesto for Economic Sense:
http://www.manifestoforeconomicsense.org/
xchrom
(108,903 posts)4. i read that yesterday -- it's very good. nt