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Balanced Fare: We Report, You Deride

Thursday, August 28, 2003



The Unbearable Lightness Of Being Paul Krugman

De Broglie, as you recall, enunciated the view that matter could be characterized as both a particle and a wave. Apparently, wave-like behavior is most easily detectable amongst smaller particles, such as electrons, and leads to puzzling results - because the wave is (or at least, can be thought of as) a probability distribution, an electron can appear to be in two positions simultaneously, and has some (albeit small) probability of being anywhere.

Yes, these ruminations have taken us somewhat afield, and no, we are not prepping for a Star Trek convention. Rather, we are attempting to connect the physical sciences with the social sciences, and especially the dismal science.

The Man Without Particle Accelerator has recently discovered the astonishing shrinking HDP Krugman. With the help of Don Luskin and Matt Hoy, we also observe that the newer, smaller HDP K is able to appear nearly simultaneously in two very different positions on the matter of California's fiscal health.

We are fascinated. What other insights has physics to offer? Onward to the frontier!

UPDATE: The Man Without Conflicting Opinions finds P. Krugman is everywhere, but always gloomy:

Nationally, state and local taxes are highly regressive, and have become considerably more regressive over time. California's system is regressive, too, but not as much so as the national average.

versus:

What is true is that California's taxes are highly inequitable: thanks to Proposition 13, some people pay ridiculously low property taxes.

So, taxes are highly inequitable in California, and really, really deplorable elsewhere. Well, we don't like 'em either.



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