Pedro takes the stage at 35:00 (or thereabouts). Krugman begins responding at around 48:00. Worth watching; maybe mark it for later.
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Don't have time to go over this in detail as it is a very long video.
Been reading Krugman and Frank, as much as can while I have time during work. Krugman likes to use the term "backlash" which is a term that is also used in Frank's work. I've posted briefly on what Frank wrote about "backlash" and it is basically projection of what the left does itself. As for Krugman's idea of backlash, it seems to be more about the claims of racism than anything else- basically the Republicans are just unreconstructed Confederates in Krugman's universe. Krugman's "backlash" isn't the same thing as Frank's, but they are both fond of the term.
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