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>I am not postulating a German conspiracy. I am noting that Germany has been peddling toxic economic Lysenkoism to the rest of Europe for four solid decades now.<

In other words, you are postulating a conspiracy.

Well, no. The German economic establishment is wrong but powerful so it can spread its wrongness.

I mean, the conventional wisdom at street level is that anything Germans say on economics must be right.

tens of millions of people stand to see their lives ruined because the bureaucrats at the ECB don't understand introductory economics -- Dean Baker

by Migeru (migeru at eurotrib dot com) on Sat Feb 18th, 2012 at 12:00:36 PM EST
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