The Inflation Cult, di Paul Krugman, NYT, 11 settembre 2014
[...] In an important sense, I’d argue, the persistence of the inflation cult is an example of
the “affinity fraud” crucial to many swindles, in which investors trust a con man
because he seems to be part of their tribe. In this case, the con men may be
conning themselves as well as their followers, but that hardly matters.
[...] But what about the economists who go along with the cult? They’re all
conservatives, but aren’t they also professionals who put evidence above
political convenience? Apparently not.
[...]The persistence of the inflation cult is, therefore, an indicator of just how
polarized our society has become, of how everything is political, even among
those who are supposed to rise above such things. And that reality, unlike the
supposed risk of runaway inflation, is something that should scare you.
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