Monday, August 10, 2009

As Poorly As He Does Economics

For those few of you who may have wondered "how can Paul Krugman be such a huge fan of government intervention in our daily lives," we now have the answer: Blame Isaac Asimov!

What most readers probably don’t know is the reason Krugman became an economist in the first place. “I went into economics,” he wrote in an e-mail message, “because I read Isaac Asimov’s Foundation novels, in which social scientists save galactic civilization, and that’s what I wanted to be.”

Yes, Krugman wants to save galactic civilization. No wonder he likes Barack Obama so much.
I would suggest that the central theme is the advantage of small a small responsive government over a large bureaucratic government. Physcohistory was the microscope to observe and predict mass actions that also becomes useless as a tool if the masses learn of it.
It is obvious that Mr. Krugman understood Asimov as poorly as he does economics.
 
The last two sections are from a comment. RTWT. Nice.