My prediction about Paul Krugman and protectionism
I wrote this item at the beginning of January when the steel industry first started pleading for a "Buy American" clause (thanks to Greg Mankiw for the alert).
As you'll see, I predicted that Paul Krugman might make an argument for a form of protectionism. I felt slightly guilty about ascribing an opinion to someone in advance. Today he has posted his actual view on the topic - have a look and see how close I was.