Monday, August 11, 2003

NY TIMES ECONOMIST PAUL KRUGMAN: STRANGER TO THE TRUTH



Donald Luskin is demanding a series of corrections from the NY Times over several factual mistakes in recent Paul Krugman columns, to wit:
When is the "newspaper of record" going to run a correction of Paul Krugman's egregious mathematical error in which he claimed, in his August 1 column, that growth in real per capita California state spending from $1,950 in 1990 to $2,211 in 2003 was "only 10%," when anyone with a pocket calculator can tell that it is really 13.4 percent? And when will it correct Krugman's flatly deceptive claim that this growth "was simply a matter of keeping up with the population and inflation," when calculations of real per capita growth, by definition, already take those factors into account?
The list goes on, so make sure you check out the entire story at the National Review Online here



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