Paul Krugman has been on a nonstop rant in favor of fiscal insanity in the past few weeks. Thankfully, Europe is listening and doing the opposite of what Krugman suggests. Please consider the Wall Street Journal article Krugman Criticism Bolsters Weber in Germany Princeton University Prof. Krugman caused a stir in Germany this week with a stinging critique of Bundesbank President Axel Weber, who is considered a frontrunner to succeed Jean-Claude Trichet as head of the European Central Bank …

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Krugman Suffers Foot-In-Mouth Disease; Lessons on Price Stability