EUCOM Economic Analysis - Part I

[J Wolfsberger]

I've read this meme often enough, its popularity seems to stem from Krugman.

Krugman among others. But the nice thing about Krugman is that he'll reverse course and say exactly the opposite if you wait for a little while. I think of him as the man who argues with himself - and loses.

As for the "cognitive dissonance among anglophones," I think its a language independent epidemic. The root cause is economic illiteracy. But that's probably a topic for another board.