Den usympatiske Paul Krugman, som de er åh-så glade for på Politiken, får en ordentlig tur af Prof. Ferguson:
Where I come from, however, we do not fear bullies. We despise them. And we do so because we understand that what motivates their bullying is a deep sense of insecurity. Unfortunately for Krugtron the Invincible, his ultimate nightmare has just become a reality. By applying the methods of the historian - by quoting and contextualizing his own published words - I believe I have now made him what he richly deserves to be: a figure of fun, whose predictions (and proscriptions) no one should ever again take seriously.
Krugman has repeatedly misrepresented what I said in that debate. Immediately afterwards, he cynically claimed on his blog that I had been arguing that high deficits would crowd out private spending. Later, in order to have a straw man for his vulgar Keynesian claim that even larger deficits would have produced a faster recovery, he started to pretend that I had predicted "soaring interest rates" and had called for immediate austerity
But anyone who reads the transcript of our debate - even the edited version that was published - can see that this was not my position.
