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Just Shoot Me

Bala, 28, Gordon Gekko in the making, pseudo-intellectual, cynic, bibliophile, obsessive compulsive ranter...

The poor bearded guy..

January 19, 2009

Old-fashioned voodoo economics — the belief in tax-cut magic — has been banished from civilized discourse. The supply-side cult has shrunk to the point that it contains only cranks, charlatans, and Republicans.

so says the one my mother calls "the poor bearded guy"(dhadi vachuttu paakka paavama irukkararu). I wasn't aware that she regularly reads his syndicated column in The Hindu and she wasn't aware that he got the Economics Nobel this year. I was trying to discredit supply siders / Ayn Rand acolytes to her and was having a hard time until i mentioned Krugman's name. She is the ultimate utilitarian/moral relativist and hence very difficult to convince about the evil banality of anything. But having "the poor bearded guy" in your corner goes a long way in convincing people about the havoc wreaked by supply siders on the world.

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posted by Bala, 7:40 PM

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