Was there ever any doubt about Krugman being...shall we say, of questionable methods?

Was there ever any doubt about Krugman being...shall we say, of questionable methods?

BUSTED: Paul Krugman removed 20 years of data from a chart to show a correlation that wasn't really there
Cullen Roche, Pragmatic Capitalism

May 21, 2015, 9:50 AM
Someone sent me an email Wednesday evening with some details on the Paul Krugman response to James Montier, which I discussed here. I had previously stated that the Krugman response was lacking meat. But it's actually worse than that. It's actually highly misleading and appears intentionally so.

In the post, Dr. Krugman tries to show how much interest rates matter by comparing the Fed Funds Rate with Housing Starts. He shows a chart and declares that there appears to be a strong correlation. Except, as this emailer notes, he appears to have shifted the chart to make it appear as though there is a correlation where there isn't one.

Here's the Krugman chart:
http://www.businessinsider.com/paul-krugman-shifts-chart-to-show-non-existant-correlation-2015-5



Read more: http://www.pragcap.com/fun-with-charts-paul-krugman-edition#ixzz3aqfiMrow



Read more: http://www.pragcap.com/fun-with-charts-paul-krugman-edition#ixzz3aqeZycyq

I am shocked...SHOCKED I SAY that my Progressive good friends don't wish to comment on their Socialist hero, Paul Krugman, cheating on his posts.

Of course there's a correlation between the Fed Funds rate and housing starts. Any idiot could figure it out. Was your "point" to discredit Krugman? Naturally.