from Hacker News

I Was Wrong About Inflation

by cmod on 7/21/22, 2:33 PM with 5 comments

• by rvz on 7/21/22, 2:46 PM

  Of course he was wrong. Yet another confession brought to you by the one who saw the internet's impact on the economy being been no greater than fax machines even by 2005. [0]

  Not only that prediction was demonstrably wrong, but he has become very famous for that, than winning his Nobel Prize in Economics. As soon as you search his name, a record of incorrect predictions and now his finest error for everyone to see.

  A looney toon that cannot get anything right on predictions.

  [0] http://web.archive.org/web/19980610100009/www.redherring.com...

• by nabla9 on 7/21/22, 2:40 PM

  Honesty and good analysis. That's why Krugman is worth reading on economics.