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NYT's Krugman: GOP 'at War...With the Enlightenment,' Hillary's 'Email Thing Doesn't Rise to the Level of a 'Scandal.'"

Paul Krugman's Monday New York Times column hit all of the sweet spots that make liberals smile, defending both President Obama and Hillary Clinton while bashing President Bush and the current crop of Republican presidential candidates. Show More Summary

Paul Krugman: A Heckuva Job

"Those predicting Mr. Trump’s imminent political demise are ignoring the lessons of recent history": A Heckuva Job, by Paul Krugman, Commentary, NY Times:...Katrina was special in political terms because it revealed such a huge gap between image and reality....

Paul Krugman: What's It Going to Take for Voters to Understand How Dumb Republicans Are?

Tough talk from Trump, Christie and Jeb seems to fool an awful lot of people. For some reason, it took Hurricane Katrina to expose the utter incompetence and disgusting lack of any semblance of humanity or leadership in the Bush Administration. Show More Summary

It May Take a Long While for Trump to Fade

Paul Krugman notes that while Donald Trump “doesn’t exude presidential dignity, he’s seeking the nomination of a party that once considered it a great idea to put George W. Bush in a flight suit and have him land on an [...]

Pop Monetary Economics

Paul Krugman has an excellent post demolishing the following claim by William Cohan, in the NYT: The case for raising rates is straightforward: Like any commodity, the price of borrowing money — interest rates — should be determined by supply and demand, not by manipulation by a market behemoth. Essentially, the clever Q.E. program caused […]

It’s not just the currency

Paul Krugman writing in June 2012 on the UK-Spain interest differential, attributing it to the constraints of currency union - Then there’s the lender of last resort issue, which turns out to be broader than even those who knew their … Continue reading ?

Paul Krugman: Crash-Test Dummies as Republican Candidates for President

It's a good thing Republicans, at least in theory, take a hands off approach when it comes to the economy (they actually don't, but let's pretend) because they "haven't a clue": Crash-Test Dummies as Republican Candidates for President, by Paul...

Paul Krugman: “Talking nonsense” is job requirement for GOP presidential nomination

When it comes to money, Republicans would rather "embrace fantasy" than deal with hard truths

Does a measly quarter point matter?

(August 26, 2015 03:26 PM, by Scott Sumner) Paul Krugman and Larry Summers have recently argued that the Fed should not raise rates later this year. I agree, mostly because I believe it will prevent them from hitting their announced inflation target, but also because it slightly increases... (0 COMMENTS)

Ray Fair: The Future of Macro

Ray Fair: The Future of Macro: There is an interesting set of recent blogs--- Paul Romer 1, Paul Romer 2, Brad DeLong, Paul Krugman, Simon Wren-Lewis, and Robert Waldmann---on the history of macro beginning with the 1978 Boston Fed conference,...

'It’s Getting Tighter'

Paul Krugman has advice for the Fed: It’s Getting Tighter: When thinking about the market madness and its possible real effects, here’s something you — where by “you” I mean the Fed in particular — really, really need to keep...

Noted for Your Morning Procrastination for August 25, 2015

Must- and Should-Reads: Federal Reserve Bank of Kansas City: [Economic Policy Symposium Proceedings](https://www.kansascityfed.org/publications/research/escp) Must-Read: Paul Krugman: [Rate Hike Fever](http://equitablegrowth.org/?p=13061)Must-...Show More Summary

'Stupid China Stories'

Paul Krugman: Stupid China Stories: So a stock crash in China triggered a big decline around the world..., why should events in China matter for the rest of us? Well, you and I might think that it’s because China is...

Paul Krugman: A Moveable Glut

What' causing so much instability in the world economy? A Moveable Glut, by Paul Krugman, Commentary, NY Times: What caused Friday’s stock plunge? What does it mean for the future? Nobody knows, and not much.... Still, investors are clearly...

Paul Krugman Finds 'Emotional Prejudice' Behind the GOP Desire to Strangle the Welfare State

The columnist looks at the stock market's current troubles with a clear eye. New York Times columnist Paul Krugman argued on Monday that nobody’s entirely sure why the stock market plunged on Friday, but that volatility of the sort is...Show More Summary

A Moveable Glut

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A Moveable Glut: Paul Krugman steps back from the stock market’s gyrations and asks the right question, which isn’t about the proximate cause of this most recent stock slide, but instead to question the seemingly endless perturbations...Show More Summary

Paul Krugman: GOP desire to strangle the welfare state with austerity born of “an emotional prejudice”

"They don't like being told we live in a world where tough-minded policies will actually make things worse"

Abbreviated pundit round-up: Obama's climate change disclaimer; myth of NOLA's school makeover

Paul Krugman at The New York Times writes A Moveable Glut: Whatever the precise mix of causes, what’s important now is that policy makers take seriously the possibility, I’d say probability, that excess savings and persistent globalShow More Summary

Krugman’s Dopey Diatribe Deifying The Public Debt

Actually, dopey does not even begin to describe Paul Krugman’s latest spot of tommyrot. But least it appear that the good professor is being caricaturized, here are his own words. In a world drowning in government debt what we desperately...Show More Summary

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