Tuesday, July 01, 2014

The exact opposite

Joe Stiglitz is in Australia and did an interview on Lateline last night, which was rather entertaining because of the way in which he came across as the exact, perfect opposite of the right wing, nuttily anti-Keynesian economists who infect The Australian and post at Catallaxy.

I don't know if an anti Stiglitz column has appeared yet in the Australian, but at least one, if not six if their pro-smoking jihad is anything to go by, is surely on the way.  We can tell because Judith Sloan has already indicated her disdain for the man, but seems to be holding back for some reason (at the moment at least.) 

And then we have Julie Novak, tweeting:
Want to observe what is wrong with the economics profession? Watch the Stiglitz lateline interview. Keynesianism recklessness writ large.
Julie, of course, was sucked in by some Right wing conspiracy guff about the Fabian society, and as with Sloan's continual attitude that climate change is to be dismissed, and insistence that the ABC is Out of Control, as is the Fair Work Commission, and don't get her started on the Productivity Commission:  well, I find Joe runs a much more convincing narrative, to put it mildly.

No comments: