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 Paul Krugman

Well, a couple of things. The first is that a good part of the media are essentially part of the machine. If you work for any Murdoch publication or network, or if you work for the Rev. Moon's empire, you're really not a journalist in the way that we used to think. You're basically just part of a propaganda machine. And that's a pretty large segment of the media.
Paul Krugman
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Paul Krugman
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updated Thu. April 25, 2024

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We've known all along that Donald Trump is belligerently ignorant about economics (and many other things). But up to this point that hasn't mattered much. He took office amid a sustained recovery that began under his predecessor, and that recovery had already lifted the U.S. economy to the point where ...

Professor Krugman argues, for the obvious reason that basing government decisions on falsehoods is bound to lead to bad results: “Listening to a garrulous old guy spout nonsense is annoying in the best of circumstances. But when this particular old guy controls the world's largest military, nukes included, ...
Imagine that you're listening to some garrulous old guy in a diner, telling you what's wrong with the world — which mainly involves how we're being victimized and taken advantage of by foreigners. You hear him out; after all, there have been approximately 17,000 news analyses telling us that garrulous old ...
Paul Krugman looks back on the past 20 years of macroeconomic policy and finds that his 1998 paper was more prescient than he or anyone could have imagined. Back then, many observers assumed that central bankers, particularly those at the Bank of Japan, need only increase the monetary base to ...
A funny thing is happening on the American scene: a powerful upwelling of decency. Suddenly, it seems as if the worst lack all conviction, while the best are filled with a passionate intensity. We don't yet know whether this will translate into political change. But we may be in the midst of a transformative ...
A funny thing is happening on the American scene: a powerful upwelling of decency. Suddenly, it seems as if the worst lack all conviction, while the best are filled with a passionate intensity. We don't yet know whether this will translate into political change. But we may be in the midst of a transformative ...
Wednesday, after listening to the heart-rending stories of those who lost children and friends in the Parkland school shooting — while holding a cue card with empathetic-sounding phrases — Donald Trump proposed arming schoolteachers. It says something about the state of our national discourse that ...
Paul Krugman, Nobel laureate in economics, chatted with Andreas Kluth, editor-in-chief of Handelsblatt Global, and Ellen Frauenknecht of broadcaster ARD. On the euro crisis, he "got the economics right, but the politics wrong." On Trump, he urges Europeans: "Stand up for values" and "don't normalize".
Last month, Rep. Paul Ryan (R-WI) came under fire for celebrating the $1.50 weekly raise a public school secretary stands to gain from the recently passed Tax Cuts and Jobs Act. Ryan's outrageous statement is even more preposterous if you actually crunch the numbers. As Paul Krugman writes in his ...
So you go out for dinner with a wealthy acquaintance. “I'll take care of everything,” he says, and orders you a hamburger. Then he orders himself an expensive steak and a bottle of wine, which he doesn't share. And when the waiter comes with the check, he points at you and says, “Charge it to his credit ...


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