Do these people not understand, or care, how history will view them? Death by Typo, by Paul Krugman, Commentary, NY Times: My parents used to own a small house with a large backyard, in which my mother cultivated a beautiful...
Exclusive: The great Michael Lewis on the legacy of "Liar's Poker," Wall Street and strip clubs, and Paul Krugman
Submitted by Ron Holland via The Daily Bell, Paul Krugman's 'Triumph of the Wrong' Column Is Dead Wrong "Politics determines who has the power, not who has the truth." – Paul Krugman What leads me to conclude Paul Krugman's latest column is dead wrong? First of all, I agree with him on one thing. Show More Summary
Paul Krugman points out that the Republicans, despite winning the midterm elections on Tuesday, were wrong on everything: First, there’s economic policy. According to conservative dogma, which denounces any regulation of the sacred pursuit of profit, the financial crisis of 2008 — brought on by runaway financial institutions — shouldn’t have been possible. But Republicans [...]Show More Summary
Photo by Hill Street Studios/Blend Images via Getty. Tuesday may not have been a good day for the president’s economic record, but the month before the election was a good one for the economy. October saw payroll gains of 214,000, while the unemployment rate ticked down to 5.8 percent — the second straight month below 6 percent. Show More Summary
The economist asks how a party that's gotten every major policy question wrong could do so well at the ballot box
(Non Sequitur via GoComics.com). Professor Krugman on the poor folks’ weapon, “The Uses of Ridicule”: … Matt O’Brien has a lot of fun with Paul Singer, a billionaire inflation truther who is sure that the books are cooked because of what he can see with his own eyes: … check out London, Manhattan, Aspen [Read more...]
Why did Republicans do so well in the election?: Triumph of the Wrong, by Paul Krugman, Commentary, NY Times: The race is not to the swift, nor the battle to the strong..., nor yet midterms to men of understanding. Or...
[Over at Equitable Growth:](http://equitablegrowth.ms.techprogress.org/?p=7450) Paul Krugman: [Japan on the Brink](http://krugman.blogs.nytimes.com/2014/11/04/japan-on-the-brink/): "Japan’s current plan to hike consumption taxes a second time... Show More Summary
We sit down with the one and only Paul Krugman for a chat about, not economics, but music.
Economist Paul Krugman has occasionally cast a skeptical eye on FiveThirtyEight.com, Freakonomics, and other sites that attempt to draw large conclusions from smallish data sets. In most cases, the writers of these articles aren't experts...Show More Summary
Paul Krugman has a question: Why Don’t We See More Macroeconomic Populism?: As I’ve been noting recently, there’s a lot of opposition within Japan to the Bank of Japan’s policy of printing more money; there’s also a lot of pressure....
The new Congress hasn’t even been elected yet, but it’s already under pressure to add billions of dollars in new government spending to pay for “infrastructure.” According to New York Times columnist Paul Krugman, for example, “We have...Show More Summary
Paul Krugman doesn’t see inflation as an immediate threat, and if it becomes one, he thinks the Fed has the tools and the will to deal with it. Photo by Flickr user Commonwealth Club. Editor’s Note: Unlike most central banks, the Federal Reserve has not one job, but two. Show More Summary
The economist assails the notion that a business background confers special economic expertise
Paul Krugman at The New York Times writes Business v. Economics: Obviously there are business leaders who have gotten the economic analysis right, and plenty of academics who have gotten it wrong. (Don’t get me started.) But success in business does not seem to convey any special insight into economic policy. Show More Summary
Should policymakers listen to business leaders?: Business vs. Economics, by Paul Krugman, Commentary, NY Times: The Bank of Japan... has lately been making a big effort to end deflation, which has afflicted Japan’s economy for almost two decades. At...
John Becker asked me this question: Scott, If the government massively cut spending and the economy boomed, do you think Paul Krugman would wave a white flag? If the Fed announced they were adopting NGDP level targeting and the markets tanked, would you admit defeat or start scrambling for other reasons why markets might react […]
Kevin Erdmann has three very interesting posts. Three posts back he showed that the rise in the income of capital that has recently been discussed by people like Paul Krugman and Brad DeLong is not quite what you might expect: We start with Profit (the blue line at the bottom). I have extended the time frame […]
We've been meaning to weigh in some more on the whole Amazon/Hachette battle, because lot of misinformation has been spewed around (including by Paul Krugman). Unfortunately there have just been too many other things to cover and we haven't had the time to do a more thorough piece. Show More Summary