PK was somewhat radicalized by the response to his writings on income maldistribution, particularly from the WSJ. In the teeth of the Bushist reign, he decided there were more important things than EPI's so-called protectionism.
I speculate that this dovetails now with what from the outside seems to be a war that has broken out between the UChicago gang and what passes for Keynesian econ these days. The fallout from PK's recent article in the NY Sunday Times and DeLong's polemics on his blog on one side, and the babbling of people like Lucas, Prescott, and John Cochrane on the other typify the conflict. (N.B., EPI's Research Director, the very able John Irons, is an MIT "saltwater" grad.)
On Tue, Sep 15, 2009 at 3:53 PM, Doug Henwood <dhenwood at panix.com> wrote:
> Didn't Paul Krugman once denounce the Economic Policy Institute as a bunch
> of protectionist hacks? Now he's appearing on a panel at their HQ! Along
> with list alum J. Bradford DeLong.
>
> Generating a Robust Recovery
>
> A forum featuring Rep. Rosa DeLauro, Paul Krugman and Geoff Garin
>
> Wednesday, September 30, 2009
> 2:00 pm to 4:30 pm
>
>
> Officially, the Great Recession may be coming to an end, but it will leave
> in its wake historically high unemployment and a host of other serious
> economic problems. How will policy-makers promote a robust, employment-led
> recovery that will lay the foundation for strong, long-term growth? Meeting
> this challenge requires both the will to continue investing in families hard
> hit by the recession despite growing budget deficits and the skill in
> crafting the right mix of policies to ensure that this recovery - unlike the
> last one - will bring significant numbers of new jobs and rising living
> standards along with it.
>
>
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>