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The Babysitting Articles

Rich: Perhaps you can write a short blog sometime on the incoherence of the criticism of the baby-sitting parable. Those who are not learned in economics might not be able to see it.

For those who are interested: Here are the baby-sitting articles -

Slate | Baby-sitting the Economy, by Paul Krugman.

Mises Economic Blog | Krugman and His Economics of Keynesian Baby-Sitting, by Juan Ramón Rallo, translated by Manuel Lora.

The latter is alleged to be completely incoherent. See if you agree. I don't know enough about economics to say, but I'm not the type to dismiss an arguments so quickly. I'm a hanger-onner.

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