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Krugman and Wells on the economic slump

Paul Krugman and Robin Wells have a long two-part essay in the New York Review of Books on the current economic slump. The Slump Goes On: Why? And The Way Out of the Slump.
Since around June 2009 many indicators have been pointing up: GDP has been rising in all major economies, world industrial production has been rising, and US corporate profits have recovered to pre-crisis levels. Yet unemployment has hardly fallen in either the United States or Europe--which means that the plight of the unemployed, especially in America with its minimal safety net, has grown steadily worse as benefits run out and savings are exhausted. And little relief is in sight: unemployment is still rising in the hardest-hit European economies, US economic growth is clearly slowing, and many economic forecasters expect America's unemployment rate to remain high or even to rise over the course of the next year.
[more inside]
posted by russilwvong on Sep 28, 2010 - 41 comments

 

New Trade Theory

Where no economist had gone before. Paul Krugman posts a type-written paper on interstellar trade which he wrote as "an oppressed assistant professor" in the '70s. I do not propose to develop a theory which is universally valid, but it may at least have some galactic relevance. [pdf link]
posted by grobstein on Mar 11, 2008 - 25 comments

Paul Krugman gives some free advice

Paul Krugman gives some free advice to reporters covering the election.
posted by skallas on Dec 25, 2003 - 39 comments

Krugman on Media and Economics

Video of Krugman on Media and Economics
If Bush said the earth is flat, of course Fox News would say "Yes, the earth is flat, and anyone who says different is unpatriotic." And mainstream media would have stories with the headline: "Shape of Earth: Views Differ; and would at most report that some Democrats say that it's round."
So said Paul Krugman during a recent interview in Boston with Chris Lydon, former host of NPR's 'The Connection.'
posted by ericrolph on Sep 22, 2003 - 28 comments

That didn't take long.

That didn't take long. Thanks to Paul Krugman; it's high time someone disagreed with Bush's wrongheaded fiscal ideas. Bush is going back to fuzzy math to justify another tax cut.
posted by Yelling At Nothing on Oct 7, 2001 - 8 comments

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