Paul Krugman explains on his New York Times that you don't need fancy academic letters behind your name to be taken as a serious, credible and authoritative voice online and on the blogosphere. He said:
"But academic credentials are neither a necessary nor a sufficient condition for having your ideas taken seriously. If a famous professor repeatedly says stupid things, then tries to claim he never said them, there’s no rule against calling him a mendacious idiot — and no special qualifications required to make that pronouncement other than doing your own homework.
Conversely, if someone without formal credentials consistently makes trenchant, insightful observations, he or she has earned the right to be taken seriously, regardless of background.
One of the great things about the blogosphere is that it has made it possible for a number of people meeting that second condition to gain an audience. I don’t care whether they’re PhDs, professors, or just some guy with a blog — it’s the work that matters."
Read in full here.
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