For his Sunday column, Paul Krugman wrote a piece titled "When Zombies Win." Krugman claims that "free-market fundamentalists" – including Ron Paul – have been successful politically, despite being thoroughly discredited by recent events. As we'll see, it's a good thing that these ideas of shrinking government refuse to die, no matter how often Krugman attacks them.
Krugman's Zombie Thesis
The opening paragraph explains the title given to Krugman's article:
When historians look back at 2008–10, what will puzzle them most, I believe, is the strange triumph of failed ideas. Free-market fundamentalists have been wrong about everything – yet they now dominate the political scene more thoroughly than ever.
Before moving on to Krugman's specific claims, we need to stop and remark on just how warped the above opening really is. For one thing, "free-market fundamentalists"
|Liveleak on Facebook|