"By 2005 or so, it will become clear that the Internet's impact on the economy has been no greater than the fax machine's."
http://web.archive.org/web/19980610100009/www.redherring.com/mag/issue55/economics.html
If we can take his track record for predicting technology, I think its safe to say we are in pretty good shape.
http://web.archive.org/web/19980610100009/www.redherring.com/mag/issue55/economics.html
If we can take his track record for predicting technology, I think its safe to say we are in pretty good shape.
Krugman is a fool, not to mention a bigot. I'm glad to see that such is provable through his past statements (not that I can't excuse a rouge mistake if that's all this is, but I don't think so).
The same guy who advocates for hyperinflation has no standing on the Bitcoin issue.