civics: “cannot admit that he and his fellow ethnic elites completely blew the opportunity that their grandfathers and fathers so painstakingly prepared for them”
Even at the end of his very undistinguished career, Krugman cannot admit that he and his fellow ethnic elites completely blew the opportunity that their grandfathers and fathers so painstakingly prepared for them. They assumed near-complete control of the most powerful empire the world has ever seen at a time when the rest of the world was still digging itself out of the rubble of WWII, and instead of devoting themselves to the benefit of the American people, spent the last fifty years looting their host nation and abusing their power and their influence in a manner so obviously stupid and short-lived that it’s hard to even describe it as self-serving.
The reason people around the world have lost all faith in elites is the direct result of the complete failure by Krugman and his fellow elitists to govern reasonably, let alone responsibly. Their core assumptions were wrong, their objectives were insane, their policies were societally destructive, and their eventual failure was inevitable.
It’s not so much that Paul Krugman will not be missed. He will not even be remembered.