Paul Krugman is frustrated (my bold): In my own case, I’d guess that about 80 percent of what I’ve had to say about macroeconomics since the crisis was prefigured in my 1998 liquidity trap paper, which was classic MIT style — a stylized little model backed by and applied to real-world events, with lots of data used simply. Show More Summary
Don't believe the hype! Rampant inequality is a choice. One of the side effects of Walmart's recent announcement that it will raise wages for half a million workers is that other companies will probably be compelled to follow suit. And...Show More Summary
How the pie is sliced depends upon more than economic forces: Walmart’s Visible Hand, by Paul Krugman, Commentary, NY Times: A few days ago Walmart, America’s largest employer, announced that it will raise wages for half a million workers. For...
How the company's pay increase further debunks an old conservative myth
Submitted by Robert Murphy via Mises Canada blog, Paul Krugman may (or may not) know a lot of economic theory and is a very clever writer, but you should never ever trust him to recount tales of battles between Keynesians and other schools of thought. Show More Summary
Morning Must-Read: Paul Krugman: The Regrettable Man <-- continuing to watch the persistence of the inflation cult... Nick Bunker: Weekend Reading <--Nick's five must-reads plus a chart... Charlie Jane Anders: "In the hands of most... Show More Summary
(March 1, 2015 11:55 AM, by David Henderson) Paul Krugman has a post on the importance of MIT economists in policy discussions. Had he simply made the point that they are highly influential, his post would have been fine. We could still argue about which of the influences... (0 COMMENTS)
I’ve been meaning to write this post for a while, and Paul Krugman has given me a nice jumping off point with this column on how to respond to economists (including highly credentialled ones) who push zombie ideas such as the threat of imminent hyperinflation. As Krugman notes, providing evidence-based criticism, whether politely or rudely, […]
How well did Greece do?: What Greece Won, by Paul Krugman, Commentary, NY Times: Last week, after much drama, the new Greek government reached a deal with its creditors.... So how did it go? Well, if you were to...
The new government's debt deal isn't everything the left wanted -- but don't let that obscure key achievements
"The Greek government didn’t succumb to the bum’s rush, and that in itself is a kind of victory." Paul Krugman takes a contrarian view of the deal the new Greek government reached with its creditors earlier in the week. The deal was widely derided on the left as a disaster, a “surrender” on the part of Syriza, the new ruling coalition in Athens. Show More Summary
For those who missed this last fall... Paul Krugman on Allan H. Meltzer: Paul Krugman (September 12, 2014): [The Inflation Cult](http://www.nytimes.com/2014/09/12/opinion/paul-krugman-the-inflation-cult.html?rref=collection/column/paul-krugman): "You find the same Groundhog Day story... Show More Summary
1. Measuring the quality of NBA defenders. And digitalizing NFL players. Both are interesting pieces. And don’t ridicule Manny Pacquiao. 2. An interview with a guy. 3. Vermont, Gruber. 4. Paul Krugman on superstars and the economics of music. I think of the era of the music superstar as having peaked in the 1980s or […]
With dwindling album sales and 360 deals and increasing corporate-sponsorship encroachment, the economics of the music business are getting tougher and tougher to figure out. You practically need to talk to two rock stars and a Nobel Prizewinning economist. Fortunately, SXSW attendees will get that chance this year. New York Times columnist and world-renown economist […]
Paul Krugman: [Phantom Phiscal Crises](http://equitablegrowth.org/?p=9454): "Matthew Klein takes on...
We're partnering with SXSW on an amazing panel featuring Paul Krugman, Win Butler and more.
Paul Krugman turns his attention today to the "deeply unserious fantasy" promoted by the corporate education dissemblers and diversionists, who have made careers and millions from pretending that inequality is a schooling issue and that education will solve all the problems that poverty, classism, and racism have created. Show More Summary
Paul Krugman: Pethokoukis is wrong about what actually works in the direction he wants. He argues that big welfare states discourage having children, and dismisses pro-natalist policies as ineffectual. Here are fertility rates in advanced...Show More Summary
A skills gap is not the problem, it's economic power: Knowledge Isn’t Power, by Paul Krugman, Commentary, NY Times:... Just to be clear: I’m in favor of better education. Education is a friend of mine. And it should be...
I was not invited to the private dinner with Scott Walker but Paul Krugman notes who was on the guest list: Scott Walker, the governor of Wisconsin, is said to be a rising contender for the Republican presidential nomination. So, onShow More Summary