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Economists Against Economics

Economist and Nobel Laureate Paul Krugman is so discredited that he’s become the punchline to nearly any joke. We at TLW love to write about him simply because few people in the public arena provide such entertainment value. Yet another example of this is today’s anti-GOP hit-piece, entitled ”Republicans Against Science”:

…Mr. Hunstman has been willing to say the unsayable about the G.O.P. — namely, that it is becoming the “anti-science party.” This is an enormously important development. And it should terrify us.To see what Mr. Huntsman means, consider recent statements by the two men who actually are serious contenders for the G.O.P. nomination: Rick Perry and Mitt Romney.

Mr. Perry, the governor of Texas, recently made headlines by dismissing evolution as “just a theory,” one that has “got some gaps in it” — an observation that will come as news to the vast majority of biologists. But what really got peoples’ attention was what he said about climate change: “I think there are a substantial number of scientists who have manipulated data so that they will have dollars rolling into their projects. And I think we are seeing almost weekly, or even daily, scientists are coming forward and questioning the original idea that man-made global warming is what is causing the climate to change.”

That’s a remarkable statement — or maybe the right adjective is “vile.”

Putting aside the fact that Krugman has, more than once, contradicted the college text that he co-wrote with his wife, this rediculous screed proves that Dr. Krugman should stick to economics and leave science to the scientists. As Paul Simon points out:

Krugman, after all, is an economist and we all know that is the most empirical of sciences — as opposed to the methods of those parvenus at CERN (the European Organization for Nuclear Research) who just came out with a new study of cosmic rays and clouds, which is turning climate science upside down:

CERN’s 8,000 scientists may not be able to find the hypothetical Higgs boson, but they have made an important contribution to climate physics, prompting climate models to be revised.

The first results from the lab’s CLOUD (“Cosmics Leaving Outdoor Droplets”) experiment published inNature today confirm that cosmic rays spur the formation of clouds through ion-induced nucleation. Current thinking posits that half of the Earth’s clouds are formed through nucleation. The paper is entitled Role of sulphuric acid, ammonia and galactic cosmic rays in atmospheric aerosol nucleation.

This has significant implications for climate science because water vapour and clouds play a large role in determining global temperatures. Tiny changes in overall cloud cover can result in relatively large temperature changes.

Unsurprisingly, it’s a politically sensitive topic, as it provides support for a “heliocentric” rather than “anthropogenic” approach to climate change: the sun plays a large role in modulating the quantity of cosmic rays reaching the upper atmosphere of the Earth.

Oops. I guess Krugman hasn’t been keeping up with the latest issues of Nature.

Well, no matter. Forget CERN. They’re only the world’s largest particle physics laboratory and the world wide web began there, etc. What do they know? There are other sources like the Asia-Pacific Journal of Atmospheric Sciences.

If Krugman didn’t exist, we would be forced to make him up.

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One Response to “Economists Against Economics”

  1. The economist is more complete and comprehensive in their capabilities and skills, maintains an interdisciplinary relationship with other social and economic disciplines. Any socio-economic assessment carried out, taking into consideration the population and the environment that surrounds it, analyzes the quality of life, economic performance and prospects. Moreover, the financier is a financial specialist only. Ok

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