tag:blogger.com,1999:blog-7658874470833994309.post8473586374914409057..comments2023-10-20T10:46:21.208+01:00Comments on Knowing and Making: My prediction about Paul Krugman and protectionismLeigh Caldwellhttp://www.blogger.com/profile/16150868700502562500noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7658874470833994309.post-64851259190147243172009-02-02T11:51:00.000+00:002009-02-02T11:51:00.000+00:00Well you were right on the outcome, but not quite ...Well you were right on the outcome, but not quite right on the details.<BR/><BR/>You predicted he would come up with some sophisticated economic theory. The theory he used was the simplest keynesian cross (and he is wrong to use that theory with its implicit assumption of fixed exchange rates). But his political economy argument was interesting, and no obviously wrong.<BR/><BR/>I.e. if the world Nick Rowehttps://www.blogger.com/profile/04982579343160429422noreply@blogger.com