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Nobody Understands Debt
#11

Nobody Understands Debt

Krugman's strong background in these issues and his very reasonable arguments make him a fine person to criticize the current economic mess. While I agree with all of his points on austerity in the USA, the true gold about his writing has been the way he handled the EU crisis - and predicted all the consequences of ECB not acting immediately. His points on the crisis in Spain are particularly strong (remember, a country that now needs saving, but it was never a debtor nation, in fact it ran a positive budget before the crisis). Disagreeing with him on some economic point is completely fair, but dismissing his arguments because he's a "pawn of the government" or something is way way out there.

Source: I'm an economist and have been researching the same sphere for years

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