Well, that post was based on the then-current estimate that New Orleans was perhaps going to be destroyed. So, I think that would be quite a bit more important than Enron.
T, I never contended it was bigger than 9-11, just that Krugman said Enron was bigger than 9-11.
My point was that the big hurricane would be much bigger than Enron and that Krugman would look dumber than ever for having made Enron the defining story of a century.
Well, that post was based on the then-current estimate that New Orleans was perhaps going to be destroyed. So, I think that would be quite a bit more important than Enron.
ReplyDelete"millions of dollars stolen, thousands of lives ruined." Enron? Is that Spanish for Aid to Families With Dependent Children?
ReplyDeleteT, I never contended it was bigger than 9-11, just that Krugman said Enron was bigger than 9-11.
ReplyDeleteMy point was that the big hurricane would be much bigger than Enron and that Krugman would look dumber than ever for having made Enron the defining story of a century.