Krugman on Newsnight

Paul Krugman takes on austerity advocates on the BBC's Newsnight, to amusing result. I love when he's told that economics is "simple math." Oh is it? Well, then. Give all of us who can add a Nobel Prize!

I apologize for not providing a transcript. The BBC doesn't provide them for the show, and I haven't been able to find one. At 8 minutes, it's a little long for me to transcribe if there is to be other content on the blog today. If anyone has the time, or is able to locate one somewhere online that I couldn't find, the assistance would be greatly appreciated.

UPDATE: Shaker Amavelle has kindly provided a transcript, available here.

[H/T to Iain; video via Echidne.]

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