Paul Krugman, who is partly right here, once again tells us of the horrible evils of private enterprise. It seems that the food and water for U.S. troops in Iraq is both bad and in short supply. Krugman, no doubt a future Nobel Prize winner in economics, tells us the reason: privatization. Yes, there is much about this war that needs criticism, but in the end it turns out that tax cuts and private property are the reason for all bad things, according to Krugman. This is what passes for high level “scholarship” in academe these days.
