White Collars Turn Blue:
"But computers are proficient at analyzing symbols; it is the messiness of the real world that they have trouble with. Furthermore, symbols can be transmitted easily to Asmara or La Paz and analyzed there for a fraction of the cost in Boston. Therefore, many of the jobs that once required a college degree have been eliminated... So enrollment in colleges and universities has dropped almost two-thirds since its peak at the turn of the century. The prestigious universities coped by reverting to an older role. Today a place like Harvard is, as it was in the 19th century, more of a social institution than a scholarly one -- a place for children of the wealthy to refine their social graces and befriend others of their class... While business gurus were proclaiming the new dominance of creativity and innovation over mere production, the growing ease with which information was transmitted and reproduced made it harder for creators to profit from their creations... How, then, could creativity be made to pay? The answer was already becoming apparent a century ago: creations must make money indirectly by promoting sales of something else."
posted by bookman117
on Sep 21, 2013 -
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?
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 -
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.
posted by grobstein
on Mar 11, 2008 -
Reagan at Neshoba.
Some time ago, a blog post was authored at Mahablog
which suggested that movement politics can best be understood when their rhetoric is viewed as a series of metaphors, with an allegory made to a spectacular episode of Stark Trek: The Next Generation featuring Paul Winfield titled "Darmok"
Picard and crew stumble across an alien race that speaks only in metaphor. The alien captain, frustrated by the failure to communicate, transports Picard to the surface of a planet, where they must learn to communicate or die. The alien captain does finally reach Picard, but dies as a result of his injuries battling an invisible predator.
By way of comparison, examine Candidate Ronald Reagan's speech at Neshoba [audio, 57MB
, additional context here
]. Some pundits are claiming that it is an example of the Southern Strategy
codified as dog-whistle politics, whilst others view it as an honest mistake
, and others still find an inconvenient long sequence of other "honest mistakes"
. [more inside]
posted by rzklkng
on Nov 13, 2007 -
Paul Krugman: The best places to get sick
A dozen years ago, everyone was talking about an American health care crisis. But then the issue faded from view: A few years of good data led many people to conclude that HMOs and other innovations had ended the historic trend of rising medical costs.
But the pause in the growth of health care costs in the 1990s proved temporary. Medical costs are once again rising rapidly and the U.S. health care system is once again in crisis. So now is a good time to ask why other advanced countries manage to spend so much less than we Americans do, while getting better results.
posted by Postroad
on Apr 17, 2005 -
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 -
writes that the Bush administration will fight a "khaki election" next year, taking advantage of the general good feeling after the Iraq war. The original khaki election was the British election of 1900, contested during the Boer War. Our armed forces don't really wear khaki so much anymore and I think we need a new term. I suggest calling 2004 the "Camo Election." Any better suggestions?
posted by Mekon
on Jun 3, 2003 -
Paul Krugman, Princeton prof
columnist is the subject of a Google Question
. Some one wants to know "What kind of house does he live in?
What kind of car does he drive? Is anything known about his personal
life (hobbies, sports, sexual orientation, etc)? "
. Krugman himself answers
with panache and asks for the money!
posted by tboz
on Jan 12, 2003 -
: the first in a New York Times
series on class in the United States. Princeton economics professor Paul Krugman declares the death of the middle class, pointing out disparities between the rich and the poor, examining efforts to cover up class makeup with quantile data, and probing the transformation of corporate executive ethics and influence. Even Glenn Reynolds
is taken to task for his Sweden-Mississippi per capita GDP comparison. Krugman's sources
are on the slim side, but the question must be asked: Are we living in a new Gilded Age? And, if so, how can citizens and government work to change things?
posted by ed
on Oct 20, 2002 -
in defense of tax cuts. Paul Krugman sets the record straight with refreshing honesty. If only he were in charge of our country's economics... From the CEO White House to our Banana Republics to our largest corporations budgetary dishonesty abounds and we'll eventually have to pay the bill.
posted by nofundy
on Jul 30, 2002 -
What do Greenspan, Enron and the number 11 all have in common?
Economist and NYT colimnist Paul Krugman notes with not too much irony that "Just one month ago the James A. Baker III Institute presented Alan Greenspan with its Enron Prize
." (a big wince over regretable timing, and the emphasis is mine)
No big conspiracy here, but the general thrust of Krugman's column
(NYT link) is that somethings got to give if things are to again get real (good). Lots of interesting under-reported economic factoids in the article make for enlightening reading.
posted by BentPenguin
on Dec 14, 2001 -
a short but sweet Paul Krugman critique of the House stimulus bill.
posted by electro
on Nov 1, 2001 -
Do internal memos reveal oil refineries engaged in price-fixing?
From Joshua Micah Marshall's Talking Points memo; links to a Paul Krugman NYT op-ed, but far more intriguingly to Sen. Ron Wyden's (D-OR) webpage
, where on June 14th he released his report on alleged price fixing by varied oil refineries based on internal memos and documents of these companies. These types of allegations have been made before, but there is some rather damning language from those internal memos...
posted by hincandenza
on Jun 28, 2001 -
I Love Paul Krugman!
He, better than any writer I have seen, cuts through all the political BS to expose the Republican party, whose members, for the most part, obtain office by cleverly deceiving the little people on what is in their interest. I would love to see PK "debate" the President (link to the NYTIMES--make up a username/password if don't have one and you're that
posted by ParisParamus
on Apr 11, 2001 -