Paul Krugman

Paul Krugman is professor of Economics and International Affairs at Princeton University and a regular columnist for The New York Times. Krugman was the 2008 recipient of the Nobel Prize in Economics. He is the author of numerous books, including The Conscience of A Liberal, The Return of Depression Economics, and his most recent, End This Depression Now!.

Articles by this author

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Friday, February 01, 2013
Looking for Mister Goodpain: The Hopeless Search for an Austerity Success Story
Three years ago, a terrible thing happened to economic policy, both here and in Europe. Although the worst of the financial crisis was over, economies on both sides of the Atlantic remained deeply depressed, with very high unemployment.
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Wednesday, January 30, 2013
Incestuous Amplification, Economics Edition
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Monday, January 28, 2013
The GOP's Class Warriors: Makers, Takers, Fakers
Republicans have a problem. For years they could shout down any attempt to point out the extent to which their policies favored the elite over the poor and the middle class; all they had to do was yell “Class warfare!” and Democrats scurried away. In the 2012 election, however, that didn’t work: the picture of the G.O.P.
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Sunday, January 27, 2013
From Welfare Queens to Disabled Deadbeats
If you want to understand the trouble Republicans are in, one good place to start is with the obsession the right has lately developed with the rising disability rolls. The growing number of Americans receiving disability payments has, for many on the right, become a symbol of our economic and moral decay; we’re becoming a nation of malingerers.
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Friday, January 11, 2013
Trillion Dollar Coins Against Crazies
So, have you heard the one about the trillion-dollar coin? It may sound like a joke. But if we aren’t ready to mint that coin or take some equivalent action, the joke will be on us — and a very sick joke it will be, too. Let’s talk for a minute about the vile absurdity of the debt-ceiling confrontation.
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Friday, January 04, 2013
Battles of the Budget and a War Between the Classes
The centrist fantasy of a Grand Bargain on the budget never had a chance. Even if some kind of bargain had supposedly been reached, key players would soon have reneged on the deal — probably the next time a Republican occupied the White House.
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Tuesday, January 01, 2013
Perspective on the Deal
To make sense of what just happened, we need to ask what is really at stake, and how much difference the budget deal makes in the larger picture. So, what are the two sides really fighting about? Surely the answer is, the future of the welfare state. Progressives want to maintain the achievements of the New Deal and the Great Society, and also implement and improve Obamacare so that we become a normal advanced country that guarantees essential health care to all its citizens. The right wants to roll the clock back to 1930, if not to the 19th century.
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Friday, December 28, 2012
Starbucks' CEO and a Double Shot of Misunderstanding
One of the enduring fantasies of the pundit class – most dramatically demonstrated by the ludicrous Politico piece on What Insiders Know – is that all we need to fix our economic problems is to get the great and the good together and bypass those pesky elected officials.
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Monday, December 24, 2012
When Prophecy Fails
Back in the 1950s three social psychologists joined a cult that was predicting the imminent end of the world. Their purpose was to observe the cultists’ response when the world did not, in fact, end on schedule. What they discovered, and described in their classic book, “When Prophecy Fails,” is that the irrefutable failure of a prophecy does not cause true believers — people who have committed themselves to a belief both emotionally and by their life choices — to reconsider.
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Friday, December 21, 2012
Playing Taxes Hold ’Em: 'GOP Crazies' Save Progressives from Obama (Again)
A few years back, there was a boom in poker television — shows in which you got to watch the betting and bluffing of expert card players. Since then, however, viewers seem to have lost interest.
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