Paul Krugman Saying "Derp"
- Moral Derpitude June 4, 2013
- But things are actually a lot worse than Barro is yet willing to acknowledge; for the GOP's derpitude doesn't just involve the Ericksons and the Limbaughs, it extends to the party's supposed intellectuals. June 4, 2013
- But he has no home in today's GOP, which simply has no room for the non-derpy, and to all appearances never will.June 4, 2013
- Update: Josh Barro says it's all about the derp.June 28, 2013
- Acelaland, in short, is the real America; the belief that it isn't is just a derpist fantasy.
June 29, 2013
- Regions of DerpistanJuly 6, 2013
- Josh Barro has made a very useful contribution to policy discussion by adapting the term "derp" for a certain kind of all-too-prevalent stance in economic debate, which Noah Smith somewhat euphemistically describes as "the constant, repetitive reiteration of strong priors".July 6, 2013
- Matt O'Brien documents the continuing prevalence of this form of derp, and tries to characterize the various forms it takes, and I don't have any quarrel with his details.July 6, 2013
- That is, think of all these economists and wannabe economists as inhabitants of a land we'll call Derpistan.July 6, 2013
- Everything there is derp; but it's not undifferentiated derp.July 6, 2013
- Instead, all Derpistan is divided into three parts: Inner Derpistan, Middle Derpistan, and Outer Derpistan.July 6, 2013
- Middle Derpistan is where most of the country's inhabitants used to live.July 6, 2013
- A few, like Larry Kudlow (!!!) have packed their belongings on top of the pickup truck and left Derpistan altogether.July 6, 2013
- Some have moved to Outer Derpistan, a land of utter intellectual barbarism; here we have Erick Erickson declaring never mind the facts, he has feelings, and Niall Ferguson declaring that we really do have inflation, but the feds are spiriting it away in their black helicopters and burying it in Area 51.July 6, 2013
- For the most part, however, we've seen a migration to Inner Derpistan - the region that borders the civilized world, also known as the reality-based community, and has picked up some of its customs.July 6, 2013
- But they haven't left Derpistan, because they're still demanding the exact same thing - higher rates and an end to quantitative easing - despite having been wrong about everything so far.July 6, 2013
- The refugees of Outer Derpistan are sad cases, but they don't have any real influence, even if the BBC thinks they should give prestigious lectures and stuff.July 6, 2013
- But the Inner Derpistanis are the barbarians at the gate; they are, I believe, already having a seriously malign effect on policy.July 6, 2013
- Urp Versus DerpJuly 8, 2013
- Jared Bernstein writes from Europe about the complete unwillingness of European policy makers to learn from their mistakes; call it Euroderp.July 8, 2013
- And this illustrates a point I think many readers fail to grasp: the difference between urp, which is forgivable,and derp, which isn't.July 8, 2013
- Derp, on the other hand, means being proved wrong but continuing to loudly assert the same thing again and again regardless.July 8, 2013
- Blanchard and Leigh urped, but they didn't derp; the inflationistas, on the other hand, just keep on derping.July 8, 2013
- They point to mistakes I've made in the past - mainly my bad call on deficits and interest rates in 2003 - and say, "You derp too!"July 8, 2013
- I wish I'd gotten it right, but everyone with the possible exception of the Pope urps now and then; all I can say is that I think I have fewer urps than most, and I really, really try not to derp.July 8, 2013
- So don't accuse me of derp; I'm not that kind of perp.July 8, 2013