Tom Palley has written a blog post politely requesting that Paul Krugman might give a bit of recognition to non-mainstream contributors to economics. It would be nice to see this happen but I doubt that it will (although Palley is getting a bit of blog play out of it which is nice). Show More Summary
Brad DeLong provides the raw material, and Paul Krugman adds some speculation to an account of unrelenting and unapologetic error on the part of those who would scare us about inflation, always just around the corner. Here are two further thoughts to chew on.1. Show More Summary
Things at the NYT are not going quite as planned. From the FT: A fall in advertising sales and stepped-up investment in digital products sapped second-quarter profit at the New York Times as the publisher forecast flat circulation revenue and further declines in advertising in the coming months. Show More Summary
Chris Edwards In a recent column, Paul Krugman dismissed concerns about the federal debt as a “false alarm,” a “disaster that wasn’t,” and an “imaginary budget and debt crisis.” Krugman thinks that new CBO projections don’t look too bad. Show More Summary
In the great economic battle between pro-government and anti-government policies, California vs. Kansas has been the featured contest, and California has won. As highlighted by Nobelist Paul Krugman, among others, California is all-Democratic,...Show More Summary
New York Times: Left Coast Rising, by Paul Krugman (Princeton): In 2012,... Gov. Jerry Brown was able to push through a modestly liberal agenda of higher taxes, spending increases and a rise in the minimum wage. California also moved enthusiastically to implement Obamacare.... Needless to say, conservatives predicted...
The New York Times columnist slams "inversion," the latest trick corporations use to cheat the system
Congress should do something about "ever-more-aggressive corporate tax avoidance": Corporate Artful Dodgers, by Paul Krugman, Commentary, NY Times: In recent decisions, the conservative majority on the Supreme Court has made clear its view that corporations are people, with all the...
Stephen Moore goofed again and Paul Krugman does something novel – actually looking at the data: Actually, if you’re going to do something about state job growth, the very least you should do is bear in mind that the recession and recovery...Show More Summary
Paul Krugman, liberal New York Times columnist and economist whose erroneous predictions and inflammatory opinions have inspired websites, blogs and columns by others detailing his multitude miscalculations, launched a Buk missile of...Show More Summary
Daniel J. Mitchell I’ve had some fun over the years by pointing out that Paul Krugman has butchered numbers when writing about fiscal policy in nations such as France, Estonia, Germany, and the United Kingdom. So I shouldn’t be surprised that he wants to catch me making an error. Show More Summary
The New York Times columnist writes that the California example puts conservative dogma to shame
Beware of "anti-government propaganda": Left Coast Rising, by Paul Krugman, Commentary, NY Times: The states, Justice Brandeis famously pointed out, are the laboratories of democracy. And it’s still true. For example, one reason we knew or should have known that...
Paul Krugman’s latest missive in The New York Times again attacks those who warn about the risks of a new debt crisis and the ramifications of radical, ultra loose monetary policies. Krugman says that the recent concern about “debtsShow More Summary
Apparently, it is open season on market monetarists. The red dots you see on our chest are from the laser scopes on the new keynesian guns of Tony Yates, Simon Wren-Lewis, and Paul Krugman. These individuals have been firing away with their critiques of market monetarism. Show More Summary
I was off at the cottage when Simon Wren-Lewis and Paul Krugman responded to my post on neo-fiscalism. Amusingly, given Simon's metaphor, the handbrake on the MX6 seized on as I was driving, slowing me down and creating a nasty...
I came across a very amusing piece from Krugman in 2010. The piece is entitled ‘Nobody Understands the Liquidity Trap‘. Actually, Krugman might have a point — if we include him in the ‘everybody’ that does not understand the liquidity trap and thus conclude that he, and all those that listen to him, do not understand the liquidity trap.
A few weeks ago Paul Krugman suggested market monetarists were homeless. By that he means we don’t have much support among GOP Congressman. He doesn’t say why we’d want to have their support, after all, they don’t make monetary policy. I pointed this out in a post a couple weeks ago, in reply to the Krugman […]
Submitted by Robert Murphy via Mises Canada blog, Paul Krugman reads the latest long-term forecast from the US Congressional Budget Office (CBO) and he likes what he sees. Even though the nearby graph is the CBO’s projections for the...Show More Summary
It’s official: there is no debt problem. Paul Krugman says so — so it must be true: [D]ebt and deficits have faded from the news. And there’s a good reason for that disappearing act: The whole thing turns out to have been a false alarm. I’m not sure whether most readers realize just how thoroughly […]