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

Multipliers: What We Should Have Known

krugman.blogs.nytimes.com — There's a very nice interview with Olivier Blanchard, who is leaving the IMF, in which among other things Olivier says the right thing about changing one's mind: With respect to outside, the issue I have been struck by is how to indicate a change of views without triggering headlines of "mistakes,'' "Fund incompetence,'' and so on.

Gravity - NYTimes.com

krugman.blogs.nytimes.com — Now that's fun: Adam Davidson tells us about trade in the ancient Near East, as documented by archives found in Kanesh - and reports that the volume of trade between Kanesh and various trading partners seems to fit a gravity equation: trade between any two regional economies is roughly proportional to the product of their GDPs and inversely related to distance.

Paul Krugman: Political poseurs can con public for a long time

irishtimes.com — There are many things we should remember about the events of late August and early September 2005 and the political fallout shouldn't be near the top of the list. Still, the disaster in New Orleans did the Bush administration a great deal of damage - and conservatives have never stopped trying to take their revenge.

The China Debt Zombie

krugman.blogs.nytimes.com — Matthew Klein notes that Very Serious People are now worried that China's troubles, which have caused it to switch rather suddenly from a buyer of Treasuries to a seller, will cause U.S. interest rates to spike. He rightly finds this unconvincing. What he doesn't note is we're looking at another instance of an economic zombie in action.

A Heckuva Job - NYTimes.com

nytimes.com — There are many things we should remember about the events of late August and early September 2005, and the political fallout shouldn't be near the top of the list. Still, the disaster in New Orleans did the Bush administration a great deal of damage - and conservatives have never stopped trying to take their revenge.
Aug 31, 2015

Krugman on the all hat no cattle syndrome in politics: A Heckuva Job nyti.ms/1LNgsxI

Aug 31, 2015

How can Krugman know that Hillary's e-mail mess is a non-event? nyti.ms/1LNgsxI

Aug 31, 2015

Chris Christie "looks pathetic...But he hasn’t changed, he’s just come into focus." nytimes.com/2015/08/31/opi…

Aug 31, 2015

Krugman--The GOP candidates have been fooling the people for too long & it's time for the public to smarten up. nytimes.com/2015/08/31/opi…

Show 3 more tweets from Michael Kruse, Brian Bremner and others...

Crash-Test Dummies as Republican candidates for president

seattletimes.com — Will China's stock crash trigger another global financial crisis? Probably not. Still, the big market swings of the past week have been a reminder that the next president may well have to deal with some of the same problems that faced George W. Bush and Barack Obama. Financial instability abides.

Fear of Asymmetry

krugman.blogs.nytimes.com — David Roberts has a very nice essay on American politics, framed as an analysis of what nerds don't get; but it's not just nerds who seem weirdly blind to the reality here. One problem with the essay, however, is that Roberts never really explains why people who pride themselves on their ability to think things through slide into lazy cliches when it comes to politics.

1998 in 2015 - NYTimes.com

krugman.blogs.nytimes.com — David Beckworth has a good if possibly over-elaborate discussion of China's flirtation with crisis. What I find striking is the extent to which China has managed to put itself into something like the situation many of its neighbors faced in the late 1990s.

Crash-Test Dummies as Republican Candidates for President

nytimes.com — Will China's stock crash trigger another global financial crisis? Probably not. Still, the big market swings of the past week have been a reminder that the next president may well have to deal with some of the same problems that faced George W. Bush and Barack Obama. Financial instability abides.
Aug 28, 2015

Definition of "insanity": Doing same thing over & over again while expecting a different result nytimes.com/2015/08/28/opi…

Aug 28, 2015

Crash-Test Dummies as Republican Candidates for President nyti.ms/1JpM2h7

Aug 28, 2015

I knew Krugman would tie mkt mayhem to GOP, just wasn't sure how. Ignores progressive protectionists like Warren. nyti.ms/1JpM2h7

A Fiscal Train Wreck

nytimes.com — With war looming, it's time to be prepared. So last week I switched to a fixed-rate mortgage. It means higher monthly payments, but I'm terrified about what will happen to interest rates once financial markets wake up to the implications of skyrocketing budget deficits.
More Articles →

Are You a Journalist?

Make a Portfolio

Create a free Muck Rack account to customize your profile and upload a portfolio of your best work.