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Paul Krugman has just commented (twice) on my most recent blog about my paper for INET. In one sense, I’m delighted. The Neoclassical Establishment (yes Paul, you’re part of the Establishment) has ignored non-Neoclassical researchers like me for decades, so it’s good to see engagement rather than wilful (or more probably blind) ignorance of alternative approaches.
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Figure 1: Krugman’s first piece
![](http://cdn.debtdeflation.com/blogs/wp-content/uploads/2012/03/032812_2007_Krugmanonor1.png)
There is a bizarre asymmetry in economics: critics of Neoclassical economics like myself read Neoclassical literature avidly, no because we agree with it—far from it—but because we feel obliged to understand why they hold to their counterfactual views on the economy.