By Free Republic | Created at 2024-12-07 13:48:59 | Updated at 2024-12-23 12:08:12
2 weeks ago
Famous last words for Paul Krugman
X ^ | 12/06/2024 | yellowsv650
Posted on 12/07/2024 5:42:31 AM PST by DFG
Just gonna leave this here...
A winner of the Nobel Prize in Economics, Paul Krugman wrote in 1998, “The growth of the Internet will slow drastically, as the flaw in ‘Metcalfe’s law’—which states that the number of potential connections in a network is proportional to the square of the number of participants—becomes apparent: most people have nothing to say to each other! By 2005 or so, it will become clear that the Internet’s impact on the economy has been no greater than the fax machine’s.”
TOPICS: Business/Economy
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1 posted on 12/07/2024 5:42:31 AM PST by DFG
To: DFG
Just think - we will have to live without his brilliant mind now. AWESOME!
To: DFG
Krugman? He will not be missed
To: DFG
Well, he’s not wrong that most people have nothing to say as evidenced by TikTok and other social media.
He is, however, Bidenesque in his abolity to get things wrong.
4 posted on 12/07/2024 5:47:17 AM PST by Valpal1 (Not even the police are safe from the police!!!)
To: DFG
I guess it takes a special kinda stupid to be a Nobel Laureate in economics.
5 posted on 12/07/2024 5:47:33 AM PST by Redleg Duke (“Time to Play Cowboys and Snowflakes!”)
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