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One of the exasperating things about being a public/policy intellectual is the prevalence of zombies -- bad ideas that seem impossible to kill – and cockroaches – bad ideas that you manage to flush down the toilet for a while, but keep coming back 1/
The idea that China has us over a barrel because it might sell our debt (which, to be clear, Brad S is debunking) is a zombie I've been trying to shoot in the head for many years 2/ krugman.blogs.nytimes.com/2010/03/15/chi…
But it *sounds* serious. Actually, we need an intellectual version of "truthiness" – seriousity? This nonsense view has seriousity, and just won't go away 3/
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