Wednesday, October 23, 2013

Today's Worst Person In The World: Ken Rogoff

Ken Rogoff Loses It, Calls Criticism of Errors in Debt Paper a "Witch Hunt"
I was going to limit it to "worst economist in the world", but Ben Stein refuses to relinquish the title.
"It reveals quite a lot about Rogoff's sense of proportion to see him on about McCarthyism and his misguided sense of victimhood when his policies produce outcomes like hospitals in Greece running short of medicine and having to reuse sheets, or the exodus of 13% of the population of Latvia to find work, or as many as 146 million Europeans falling into poverty by 2025? What brought the end of McCarthy's rein of terror was when the Wisconsin senator smeared a junior member of the legal team representing the Army on national television. The lead counsel Joseph Welch upbraided McCarthy, ending with the now-famous "Have you no sense of decency, sir? At long last, have you left no sense of decency?" The same question could just as well be posed to Rogoff."
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