Welcome, Alice, to Wonderland

Several of my friends don't like Paul Krugman or his columns. Sometimes I wonder if what they don't like most is his penchant for deflating those people who consistently argue for failed policies or for theories of the economy that are patently wrongheaded. This column is an example of Krugman's ability to focus on the foibles of those he calls "Very Serious People." They are mainly people who are consistently wrong (and usually in positions of authority or influence) or who consistently change their opinions for political effect.