As a trained Keynesian Economist Wonks Anonymous must confess that we are, as a lot, woefully ignorant of the realities of politics and the general corruption of this Glorious Capitalist System that we live under.

He will note the middle class and upper middle class background and a sheltered life lived among the groves of academia can explain a great deal of this ignorance. Most working class students exit their principles classes early.

He is therefore cheered to see that, for all the misery that it has caused, our current crisis has ombued a number of excellent economists with almost revolutionary sentiments.

Anything that radicalizes Paul Krugman cannot be all bad.