Comments on: Cheer up, Professor Krugman http://www.26econ.com/cheer-up-professor-krugman/ Online economics Sat, 11 Oct 2008 20:22:15 +0000 http://wordpress.org/?v=2.3.2 By: chastised http://www.26econ.com/cheer-up-professor-krugman/#comment-12717 chastised Tue, 07 Oct 2008 17:07:06 +0000 http://www.26econ.com/cheer-up-professor-krugman/#comment-12717 All commercial paper lending has ground to a stop, the stock market is below 10000 and took a 800 point plunge last week. The enormous 700 bn bailout package will likely be too little too late. The Fed just announced it will start buying commercial paper as a last ditched effort to prevent a complete collapse in credit market activity in the economy. What were you saying again about Prof. Krugman using the grim adjective a bit too often? All commercial paper lending has ground to a stop, the stock market is below 10000 and took a 800 point plunge last week. The enormous 700 bn bailout package will likely be too little too late. The Fed just announced it will start buying commercial paper as a last ditched effort to prevent a complete collapse in credit market activity in the economy.

What were you saying again about Prof. Krugman using the grim adjective a bit too often?

]]> By: Tim Worstall http://www.26econ.com/cheer-up-professor-krugman/#comment-3015 Tim Worstall Tue, 19 Feb 2008 17:35:55 +0000 http://www.26econ.com/cheer-up-professor-krugman/#comment-3015 To an English eye the cycle is easy to interpret. August, the kids are on holiday from school. Then they go back, things are less grim. Then there's half term, grimness returns: rinse and repeat for Christmas and the next half term break. I'd just like to point out that there's no truth whatsoever to the rumour that we English prefer animals to our children. None at all. To an English eye the cycle is easy to interpret. August, the kids are on holiday from school. Then they go back, things are less grim. Then there’s half term, grimness returns: rinse and repeat for Christmas and the next half term break.
I’d just like to point out that there’s no truth whatsoever to the rumour that we English prefer animals to our children. None at all.

]]> By: Felix http://www.26econ.com/cheer-up-professor-krugman/#comment-2996 Felix Mon, 18 Feb 2008 05:25:59 +0000 http://www.26econ.com/cheer-up-professor-krugman/#comment-2996 Can you run the chart again with vertical bars every time Krugman writes a "grim" column? Can you run the chart again with vertical bars every time Krugman writes a “grim” column?

]]> By: archer http://www.26econ.com/cheer-up-professor-krugman/#comment-2971 archer Sat, 16 Feb 2008 03:45:39 +0000 http://www.26econ.com/cheer-up-professor-krugman/#comment-2971 Mildly depressed people are more in touch with reality and also estimate probabilities more accurately than "normal" people, as discussed in this <a href="http://www.auroraadvisors.com/articles/Optimism.pdf" rel="nofollow">Conference Board article</a>. Mildly depressed people are more in touch with reality and also estimate probabilities more accurately than “normal” people, as discussed in this Conference Board article.

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