Saturday, June 13, 2015

Brad DeLong — Can Somebody Please Tell Me What Is Going on with Obama and TPP?


BDL clarifies his position:
I am what Paul Krugman calls “Davos Man” to a substantial degree–a card-carrying neoliberal, a believer in globalization and free trade, someone who has seen more than enough of the stupidities of places like Berkeley and so doesn’t mind hippy-punching now and then.
OK, glad we got that straight.

WCEG — The Equitablog
Can Somebody Please Tell Me What Is Going on with Obama and TPP?
Brad DeLong

3 comments:

Anonymous said...

Brad is angry that the Obama administration isn't playing the "game" right and giving him more political cover to come out in favor of this thing.

Detroit Dan said...

I actually like Krugman's column, especially this part quoted by DeLong.

But the overall selling of TPP, to some extent by the administration and much more so by its business allies, has been… lectures from Those Who Know How the Global Economy Works–the kind of people who go to Davos and participate in earnest panels on the skills gap and the case for putting Alan Simpson in charge of everything–to the ignorant hippies who don’t…. But now Davos Democrats are known as the people who told us to trust unregulated finance and fear invisible bond vigilantes…. TPP’s Democratic supporters thought they could dictate to their party like it’s 1999. They can’t.

NeilW said...

I always find Krugman amusing. He complains about the kind of people who go to Davos while at the same time being part of the set that attends the other set of world conferences amongst his class of people - who then construct another GroupThink around central banks under their control and 'liquidity traps'.

I'm pretty certain that's the definition of a hypocrite.