Krugmenistan vs. Estonia

Poor Krugman is not getting a whole lotta love in Europe these days, mostly because of his adamant anti-austerity attitude and Keynesian case for more stimulus. This article covers a recent uproar in Estonia over a Krugman blog entry about the country. Interesting are some of the tweets by the country’s president. E.g.

9:06 p.m. Guess a Nobel in trade means you can pontificate on fiscal matters & declare my country a “wasteland.” Must be a Princeton vs Columbia thing
9:15 p.m. But yes, what do we know? We’re just dumb & silly East Europeans. Unenlightened. Someday we too will understand. Nostra culpa.

He didn’t, but he might as well have tweeted:

You need coolin’, baby, I’m not foolin’,
I’m gonna send you back to schoolin’,
Way down inside honey, you need it,

I love the article’s main illustration below with some arctic (?) landmass serving as Krugman’s frizzies.

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