Ben Bernanke spoke before the Senate yesterday. And as much as anyone can tell, given that only people who work at the place can fully comprehend “Fed Speak,” he seemed to be saying that we shouldn’t worry about the deficit right now and that we could use some stimulus. And you know who that sounds like? Well the man himself knew what it sounded like. This afternoon, Paul Krugman wrote, “Ben Bernanke’s testimony today was highly Krugmanesque.”
I could, of course, could note that this is a good thing. It doesn’t matter to a wacko Republicans who want to abolish the Federal Reserve because… Well, just because. (Fiat money! Inflation! And don’t forget: Greece!) But it ought to matter quite a lot to supposedly liberal thinking Democrats. That didn’t stop democrat Joe Manchin spending all of his allotted time trying to get Bernanke to admit that the debt really was the biggest threat to our nation. Bernanke wasn’t buying it and so I hope more and more people will see that we have much bigger fish to fry. Like jobs!
But I’m not here to talk of the need to fix the US economy. I’ve done that many times before. I’m here to talk about “Krugmanesque”! The man coined a term for himself! And really: there is definitely something very distinct about what Krugman says, but not how he says it. And to be fair, that’s all he was saying. But if Krugman can coin his own term for himself, then so can I.
My question is: what does Moraesesque mean? Given that I am a ranter and not a Nobel Prize winning economist, the term must apply to my style. And I can think of no better example of Moraesesque than when I talk about Avik Roy:
Yep. This is the one I’ll be remembered for! Just like Ed Wood and Plan 9 from Outer Space.