Boy, that wacky Paul Krugman. The newly-crowned Nobel laureate (they should be allowed to wear a laurel wreath everywhere they go, so we’d know of their brilliance), fresh from revealing how little he understands the history - or purpose - of liberalism, shows he knows diddly-squat about Air Traffic Control.

In today’s column he argues, plonkingly,

Here’s how to think about this argument: it implies that we should shut down the air traffic control system. After all, that system is paid for with…

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