Brad DeLong — Must-Read: I must say, it is becoming increasingly clear to me ....

I must say, it is becoming increasingly clear to me what it is that they are doing when a Robert Lucas says that Christina Romer is only in favor of expansionary fiscal policy because it is what her political master wants, and when a Russ Roberts says that Paul Krugman is in favor of expansionary fiscal policy because he is a big government socialist. What they are doing is looking into the mirror at themselves. What they are then doing is projecting. They are thinking that we have their morals and their thought processes, and so are as ideologically-blinded, as loyally-partisan, and as short-sighted as they are.

Brad DeLong puts his finger on it. Projecting is obvious to anyone who has done any kind of counseling. Nothing a bit of counseling can't clear up. If that doesn't do it, there's always meds.

Grasping Reality
Must-Read: I must say, it is becoming increasingly clear to me ....
Brad DeLong | Professor of Economics, UCAL Berkeley