How Krugman Works

From Krugman, the gist of an article, titled, How I Work:

In the course of describing my formative moment in 1978, I have already implicitly given my four basic rules for research. Let me now state them explicitly, then explain. Here are the rules:

Listen to the Gentiles

Question the question

Dare to be silly

Simplify, simplify

I think this is why I appreciate his insights, that they are not dogmatic, #1 and #2, and that they are clear, #4.

Comments

Foregone Conclusion

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In the end, the failure of this deal lays at the feet of Cuomo and De Blasio. It's a deal that should have never been made or should have been done in a way that wasn't filled with one-sided giveaways. As Amy Liu, vice president and director of the Metropolitan Policy Program at the Brookings Institution, describes, Virginia worked with local constituents to address concerns, negotiated a deal that required jobs from Amazon in exchange for incentives, and put more money into developing an education-focused job pipeline, rather than a simple giveaway to Amazon. Many people are going to blame a vocal minority for the failure when the problem was the deal itself. It could have been done to satisfy the critics, or at least mollify them, while still delivering for New York. https://www.nytimes.com/2019/02/16/business/amazon-economy-taxes.html?comments#permid=30664506

Foxes and Hedgehogs

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