I always see at least one ad hominem remark made in any thread that might relate to Krugman. I'm actually curious, as someone who is not embedded in finance or economics, what are people's detractions against this guy (who won a Nobel prize)?
I suspect most of his critics are the sort of folks who think that they would be billionaires if only their taxes were low enough and governments weren't so restrictive about things like labor laws and environmental regulations.
He's only one among many such types penning editorials for NYT.
When he sticks to economics (his blog has a higher percentage of economic material compared to his column) he is definitely worth reading and shouldn't be dismissed with ad hominem attacks.
He doesn't always give the best advice...
Had there not been CDO's threatening to take down the world economy, the credit drying up in 2008 would have been far less severe.
That said, I believe he's describing, not advising