Nobel laureate. Op-Ed columnist, @nytopinion. Author, “The Return of Depression Economics,” “The Great Unraveling,” “The Age of Diminished Expectations” + more.

Paul Krugman - Amazon's Monopsony Is Not Ok

tech.genius.com — This article is annotated! Click on the highlights to read what others are saying. If you'd like to add your own insights, comments, or questions to a specific line, highlight the relevant text and click on the button that pops up.

Amazon hurting readers and authors alike by putting squeeze on publishers

irishtimes.com — Amazon. com, the giant online retailer, has too much power, and it uses that power in ways that hurt America. Okay, I know that was kind of abrupt. But I wanted to get the central point out there right away, because discussions of Amazon tend, all too often, to get lost in side issues.

The Europe-in-Rubble Excuse

krugman.blogs.nytimes.com — Whenever I point out how well America did with strong unions and highly progressive taxation after World War II, I can count on conservatives trying to resolve their cognitive dissonance by saying "but it was easy then - all our competitors were in ruins!" You can see this all over the comments on today's column.

Michael Froman | Why Trade Matters | Foreign Affairs

foreignaffairs.com — For much of the twentieth century, leaders and policymakers around the world viewed the strategic importance of trade, and of international economic policy more generally, largely through the lens of military strength. They believed that the role of a strong economy was to act as an enabler, supporting a strong military, which they saw as the best way to project power and influence.

Amazon’s Monopsony Is Not O.K.

nytimes.com — Amazon.com, the giant online retailer, has too much power, and it uses that power in ways that hurt America. O.K., I know that was kind of abrupt. But I wanted to get the central point out there right away, because discussions of Amazon tend, all too often, to get lost in side issues.

This Age of Derp

krugman.blogs.nytimes.com — I gather that some readers were puzzled by my use of the term "derp" with regard to peddlers of inflation paranoia, even though I've used it quite a lot. So maybe it's time to revisit the concept; among other things, once you understand the problem of derpitude, you understand why I write the way I do (and why the Asnesses of this world whine so much.)

Friday Night Music, Saturday Night Followup

krugman.blogs.nytimes.com — Last week I highlighted the Sarah Jarosz/Milk Carton Kids matchup; just saw them live, and it was better than I could have imagined - the chemistry among the musicians was amazing, and they're lovely people too. So catch them if you can ...

What do markets really need?

seattletimes.com — Originally published Saturday, October 18, 2014 at 4:04 PM How have policy crusaders responded to the failure of their dire predictions? Mainly with denial, occasionally with exasperation, writes syndicated columnist Paul Krugman. Syndicated columnist In the Middle Ages, the call for a crusade to conquer the Holy Land was met with cries of "Deus vult!"

Why To Worry About Deflation

krugman.blogs.nytimes.com — David Wessel has a very nice explainer in the WSJ - although I wonder how the editor allowed his citation of a particular expert under point #2 to slip through.

The Civility Whine

krugman.blogs.nytimes.com — At this point in the great inflation-deflation debate, a lot of what the inflationistas have to say takes the form of whining about the rudeness of their critics - of course, me in particular. I would say that this is a de facto confession that they've run out of substantive defenses for their position - although I guess I would say that, wouldn't I?
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Oct 16, 2014

RT @sewellchan: How "hidden" fees—phone, cable, credit cards, mortgages, student loans—squeeze working Americans: @Devin_Fergus: nyti.ms/1npnk97

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