Bloomberg TV just hosted a short debate between Ron Paul and Paul Krugman. As expected, the debate focused on economic minutiae, especially monetary policy.
Krugman was dismissive of Paul’s views on monetary policy, arguing that government will always be in the business of running monetary policy, and that the congressman wants to take the country back 150 years to the historical gold standard.
Students of economics looked to 2013 with particular glee because, as luck would have it, the year was poised to settle the longstanding debate between two colliding schools of thought about monetary and fiscal policy. In one corner... Read Post
Here we go. Ron Paul and Paul Krugman have begun their debate on Bloomberg TV. Ron Paul is going up first... Will alternate between direct quotes and summaries. Ron Paul: "He believes in big government, from what I read and hear." I... Read Post