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Paul "Orwell" Krugman Touts Job Growth in the Obama Recovery

Submitted by Robert Murphy via Mises Canada, For years, Paul Krugman has been warning that the inadequate fiscal stimulus package of early 2009, coupled with the disastrous spending cuts of the “sequester” package, were leading to aShow More Summary

Afternoon Must-Read: Paul Krugman: "I find myself in meetings...

Paul Krugman: ["I find myself in meetings]( with international financial types... >...It's all the usual discussions, and they don't like to talk domestic U.S. politics, but...Show More Summary

Nighttime Must-Read: Paul Krugman: The Volcker Disinflation

Wingnuts gotta nut. And Krugmans gotta Krug. I score this for Krugman, 6-0, 6-0, 6-0: Paul Krugman: [Keynesians and the Volcker Disinflation]( "Right-wing economists like Stephen Moore and John Cochrane--it’s becoming ever harder to tell the difference--have some curious beliefs.... Show More Summary

KRUGMAN: People Are Too Busy For Politics So They Vote Based On Impressions

New York Times columnist and Princeton economist Paul Krugman recently spoke with our own Henry Blodget about a range of topics. Here they discuss the GOP's midterm successes, political apathy in the United States and the media's role in influencing public opinion. Edited by Alex Kuzoian. Show More Summary

Another “Oops” Moment for Paul Krugman

Daniel J. Mitchell I’m tempted to feel a certain degree of sympathy for Paul Krugman. As a leading proponent of the notion that bigger government stimulates growth (a.k.a., Keynesian economics), he’s in the rather difficult positionShow More Summary

Paul Krugman Explains The Difference Between 'Saltwater' And 'Freshwater' Economists

New York Times columnist and Princeton economist Paul Krugman spoke with our own Henry Blodget about a range of topics in November. Here Krugman talks about the effects of Europe's austerity measures and the stubborn divide between the two major economic schools of thought. Edited by Alex Kuzoian. Show More Summary

Tuesday Morning Open Thread

(Tom Toles via At Vox, Ezra Klein interviews aspiring psychohistorian Paul Krugman: … Ezra Klein: A fear I hear about a lot lately is the idea that we’ll build a self-improving artificial intelligence that will ultimately destroy us. Paul Krugman: The history of artificial intelligence is that it’s always ten years ahead, and [Read more...]

Indirect and Incorrect Tests of Ricardian Equivalence and Supply-side Economics

The latest garbage from Stephen Moore on what Paul Krugman allegedly said and on tax revenues during the 1980’s got me thinking oddly about an alleged test of Ricardian Equivalence by Paul Evans. But let’s start with this whooper from...Show More Summary

Tinkering On the Margins

Paul Krugman disagrees with a point I made in my last post. Specifically, he takes issue with my claim that a monetary regime change is needed for both monetary policy and fiscal policy to effective at the zero lower bound (ZLB). To make my case, I gave as an illustration a scenario where the U.S. Show More Summary

Paul Krugman: The Obama Recovery

The economy is doing better. Will it continue?: The Obama Recovery, by Paul Krugman, Commentary, NY Times:... As you may know, back in 2010 Britain’s newly installed Conservative government declared that a sharp reduction in budget deficits was needed...

"Temporary" increases in G at the ZLB in an NK model

Paul Krugman says: "Monetary policy at the ZLB requires a perceived regime change to be effective, fiscal policy doesn’t — in fact, fiscal policy works better if people believe that it’s temporary, and will end when the economy recovers." In...

'Federal Tax Revenues During the 1980’s'

PGL at Econospeak: Federal Tax Revenues During the 1980’s: Paul Krugman takes on another aspect with respect to the latest intellectual garbage from Stephen Moore by commenting on Moore’s claim that Federal tax revenues soared from 1980 to 1989... Paul...

'The Obama Bounce'

Paul Krugman: The Obama Bounce: Dean Baker is, of course, right: this is not a boom, and comparisons to the 1990s are insane. Still, growth has clearly picked up, and the public seems to be noticing. So what can we...

Federal Tax Revenues During the 1980’s

Paul Krugman takes on another aspect with respect to the latest intellectual garbage from Stephen Moore by commenting on Moore’s claim that Federal tax revenues soared from 1980 to 1989: I have a suspicion that the Post forced him to...Show More Summary

So how's the economy doing this year?

(December 27, 2014 08:40 PM, by Scott Sumner) Paul Krugman says that the reduction in long-term unemployment has been rather disappointing. This is important, because 2014 was a sort of "natural test" of the hypothesis that the extended unemployment insurance program led to higher unemployment. The program ended... (0 COMMENTS)

Paul Krugman offers 4 reasons to be cheerful at the end of 2014

2 months agoNews : The Raw Story

Paul Krugman is feeling a tad optimistic as the year 2014 winds down. In his Friday column, he writes about “Tidings of Comfort,” if not quite tidings of great joy. The reason? Despite all the miserable messages about a world spinning out of control and a government completely not up to...

Game Over Japan: Real Wages Crash Most In 21st Century, Savings Rate Turns Negative

When about a month ago it was revealed that Japan's shadow economic advisor is none other than Paul Krugman, we said it was only a matter of time before the Japanese economy implodes. Terminally. We didn't have long to wait and lastShow More Summary

Abbreviated pundit roundup: Policies that worked, FOIA, Clinton and more

2 months agoUS Politics / Liberal : Daily Kos

Paul Krugman reflects on what worked on the government policy front this year: Maybe I’m just projecting, but Christmas seemed unusually subdued this year. The malls seemed less crowded than usual, the people glummer. There was even less Muzak in the air. Show More Summary

Paul Krugman: Tidings of Comfort

Sometimes, government is the best solution to our problems: Tidings of Comfort, by Paul Krugman, Commentary, NY Times:... All year Americans have been bombarded with dire news reports portraying a world out of control and a clueless government with...

What went wrong in Brazil?

Back in 2012, Paul Krugman did a post praising the “New Economic Policy” in Latin America, which focused on reducing inequality.  A few weeks later he singled out Argentina and Brazil for special praise: Just to be clear, I think Brazil is going pretty well, and has had good leadership. But why exactly is Brazil […]

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