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News Roundup & Open Thread for Monday, Oct. 13, 2014

In Defense of Obama Princeton's Paul Krugman argues Obama's has been a consequential and forward-moving tenure in the White House. Bonus Obama: Where are they now? The 2008 Obama Change Team and how it played out. Dreams of 2016, as he fails at 2014 NYTimes: G.O.P. Show More Summary

Defending Germany from Paul Krugman

I would not typically defend Germany's economic policies against Paul Krugman, but I will say a word in its favor this morning. Krugman trashes Germany for running large trade surpluses, telling us that Germany actually has a weak domestic economy. Show More Summary

Krugman: Obama One of 'Most Consequential' Presidents in Modern History

On Sunday’s broadcast of ABC’s “This Week,” New York Times columnist Paul Krugman declared President Barack Obama to be one the most consequential presidents in modern U.S. history, even more so than his predecessor, Bill Clinton. Partial...Show More Summary

Paul Krugman: Revenge of the Unforgiven

Why didn't homeowners, unlike banks, get the debt relief they needed?: Revenge of the Unforgiven, by Paul Krugman, Commentary, NY Times: Stop me if you’ve heard this before: The world economy appears to be stumbling. For a while, things seemed...

Scary Times Call For a Great President: Paul Krugman's Defense of Obama

In these last few weeks, there has been a cacophony of Obama-bashing from Republican political candidates. And, after tens of millions of dollars in television ads, the polls have not been favorable. The media and the pundits have piled...Show More Summary

Paul Krugman: Obama one of most successful presidents ever

If bigger, more intrusive government and a lowering of U.S. status in the world is the test, then Obama is wildly successful

Leftist prof Paul Krugman (aka Yoda of the Left) ranks Obama higher than Reagan and Clinton in changing structure of American Society

First of all Paul Krugman is a lunatic and the biggest Obama suck up around who argued aliens from space would improve the American economy. Having said that about Krugman

Blasphemy! Paul Krugman rates Obama’s legacy as more ‘consequential’ than Reagan’s

last monthNews : The Raw Story

Nobel Prize-winning economist Paul Krugman said in a recent interview that President Barack Obama was one of the most successful presidents in American history, topping even Ronald Reagan. In a cover story for Rolling Stone magazine titled “In Defense of Obama,” Krugman defends Obama...

Krugman: Obama One Of The Most ‘Consequential Presidents’ In Modern Histroy

New York Times writer Paul Krugman spoke to Jonathan Karl on ABC‘s “This Week.” [Krugman noted that] his policy accomplishments far outstripped the legacies of recent presidents like Ronald Reagan or Bill Clinton (though not LBJ and FDR). “Obama really has left the world a different place,” he said on This Week. Krugman cited the [...]

'In Defense of Obama'

In case you missed this from Paul Krugman: In Defense of Obama, by Paul Krugman, Rolling Stone: When it comes to Barack Obama, I've always been out of sync. Back in 2008, when many liberals were wildly enthusiastic about his...

Krugman: Obama One of ‘Most Consequential’ Presidents in Modern History

last monthNews : Mediaite

New York Times columnist Paul Krugman told ABC News' Jon Karl Sunday morning that President Barack Obama was one of the most consequential commanders in chief in modern history, arguing that his policy accomplishments far outstripped the legacies of recent presidents like Ronald Reagan or Bill Clinton.

'Dornbusch’s Law'

Paul Krugman is getting worried about Europe again: Europanic 2.0: Anyone who works in international monetary economics is familiar with Dornbusch’s Law: The crisis takes a much longer time coming than you think, and then it happens much faster than...

VooDoo Economics Versus The Growing Percent Of Income Needed For Necessities

By Steven Hansen: This past week Nobel Laureate Professor Paul Krugman OpEd: Even if Republicans take the Senate this year, gaining control of both houses of Congress, they won't gain much in conventional terms: They're already able to block legislation, and they still won't be able to pass anything over the president's veto. Show More Summary

Paul Krugman Still Believes That “The Debt” Can Be a Problem for the U.S.

Yves here. Unfortunately, correcting Paul Krugman continues to be a staple at Naked Capitalism because he keeps asking for it.

Paul Krugman Still Believes That “teh debt” Can Be a Problem for the U.S.

The deficit is now down to under 3% of GDP, and in contemplating that fact, Paul Krugman asks why the deficit hawks aren’t celebrating the precipitous fall from nearly 10% of GDP a few years ago. He then explains that: Far from celebrating the deficit’s decline, the usual suspects — fiscal-scold think tanks, inside-the-Beltway pundits [...]

A throw of the D.I.C.E. will never abolish chance

In Building a Green Economy, NYT Magazine, April 7, 2010, Paul Krugman wrote,As Harvard’s Martin Weitzman has argued in several influential papers, if there is a significant chance of utter catastrophe, that chance — rather than what is most likely to happen — should dominate cost-benefit calculations. Show More Summary

Limits to Growth One More Time

Not much time this morning, but I’d like to respond to the dustup between Mark Buchanan and Paul Krugman over whether energy (and other resource) use can be decoupled from GDP growth.1. I get the impression that Buchanan identifies GDP with “stuff”, at least subconsciously. Show More Summary

Was Obama Naive?

Paul Krugman has finally come around to a fair assessment of Barack Obama's term in office: not perfect, by any means, and he probably could have accomplished more with better tactics and a better understanding of his opponents. Still and all, he accomplished a lot. Show More Summary

Afternoon Must-Read: Paul Krugman: Why Weren’t Alarm Bells Ringing?

Paul Krugman: Why Weren’t Alarm Bells Ringing?: "Focusing, as Martin Wolf does, on the measurable factors--the 'shifts'--that increased our vulnerability to crisis is incomplete.... >...Rising... debt... shadow banking... international imbalances... Show More Summary

Paul Krugman: Why deficit scolds actually love deficits

The federal deficit continues to decline, so why aren't deficit hawks happy?

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