I noted a couple of days ago in a post that spats between economists made for pretty dull entertainment. That doesn’t seem to have stopped Paul Krugman from going after another one of his brethren. For a guy who’s been turning over nothing but aces the past few months, I don’t quite understand why Krugman is so combative.
Anyway, Marginal Revolution did a good job of putting the whole thing in perspective. Actually, they did a really good job of pointing out that there is a lot of blind faith being put in just about everything the government is proposing at the moment. Here is a link. It contains all of the links you will need to get to Krugman’s column and the column of the economist he decided to go after.