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Krugman: The Closing of the Conservative Mind
The Closing of the Conservative Mind
Jonathan Chait has an interesting portrait of Josh Barro; Mike Konczal, citing this and also a longer discussion of “reformish” conservatives by Ryan Cooper, argues that there really isn’t much to see here. I agree, and have been trying to pin down what I mean by that.
Start with the proposition that there is a legitimate left-right divide in U.S. politics, built around a real issue: how extensive should be make our social safety net, and (hence) how much do we need to raise in taxes? This is ultimately a values issue, with no right answer.
There are, however, a lot of largely empirical questions whose answers need not, in principle, be associated with one’s position on this left-right divide but, in practice, are. A partial list:
1.The existence of anthropogenic climate change
2.The effects of fiscal stimulus/austerity
3.The effects of monetary expansion, and the risks of inflation
4.The revenue effects of tax cuts
5.The workability of universal health care
I’ve deliberately chosen a list here where the evidence is, in each case, pretty much overwhelming. There is a real scientific consensus on 1; the evidence of the past few years has been very strong on 2 and 3; there are no serious studies supporting the view that we’re on the wrong side of the Laffer curve; one form or another of UHC operates all across the advanced world, with lower costs than the US system.
- more -
http://krugman.blogs.nytimes.com/2013/05/25/the-closing-of-the-conservative-mind/
Jonathan Chait has an interesting portrait of Josh Barro; Mike Konczal, citing this and also a longer discussion of “reformish” conservatives by Ryan Cooper, argues that there really isn’t much to see here. I agree, and have been trying to pin down what I mean by that.
Start with the proposition that there is a legitimate left-right divide in U.S. politics, built around a real issue: how extensive should be make our social safety net, and (hence) how much do we need to raise in taxes? This is ultimately a values issue, with no right answer.
There are, however, a lot of largely empirical questions whose answers need not, in principle, be associated with one’s position on this left-right divide but, in practice, are. A partial list:
1.The existence of anthropogenic climate change
2.The effects of fiscal stimulus/austerity
3.The effects of monetary expansion, and the risks of inflation
4.The revenue effects of tax cuts
5.The workability of universal health care
I’ve deliberately chosen a list here where the evidence is, in each case, pretty much overwhelming. There is a real scientific consensus on 1; the evidence of the past few years has been very strong on 2 and 3; there are no serious studies supporting the view that we’re on the wrong side of the Laffer curve; one form or another of UHC operates all across the advanced world, with lower costs than the US system.
- more -
http://krugman.blogs.nytimes.com/2013/05/25/the-closing-of-the-conservative-mind/