Paul Krugman: Master of the Straw-Man Fallacy

By Ari Armstrong

Paul Krugman’s August 10 op-ed attempts to mock advocates of unregulated free markets and, unsurprisingly, makes a pathetically weak case against them.

First let’s clear up an important matter of terminology. Although Krugman aims his criticism at “libertarians,” most of his remarks pertain to advocates of unregulated free markets. Many people who advoca…