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Paul Krugman

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Top Paul Krugman Articles see all

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  • World comments that elicit a 'yep' or 'nope' [Commentary]

    World comments that elicit a 'yep' or 'nope' [Commentary]
    Sometimes, you come across a quote or phrase that jolts your sensibilities.á The words can be as deep and thought provoking as those supplied by Golda Meir below, or as mind numbingly ludicrous as those uttered by the Dartmouth College protesters of last spring, also below.á Regarding the former, your response might be an immediate "Yep."á On the latter, it could easily be a simple "Nope!"
  • Watch a conservative economist try to wish income inequality away

    Watch a conservative economist try to wish income inequality away
    As America's problems with economic inequality have moved toward the political front burner, conservative economists have stepped up their efforts to explain that it doesn't really exist. Few, however, will be able to top University of Chicago economist...

    Discredited economic theory holds Europe in deflationary thrall

    PARIS -- This week the notorious "troika" representing the three major lenders to severely indebted European Union nations -- officials from the IMF, the European Commission and the European Central Bank -- once again descended upon Athens to consider new...

    The broken window fallacy and unintended consequences

    Have you heard the parable of the broken window? It's a wonderful example of unintended consequences that applies not only to businesses activity and government regulations but to individuals as well. Fans of the book "Freakonomics" are given a front...

    Europe bails itself out, for now

    PARIS -- The latest, and 20th, European "summit" meeting, held last week in Brussels, was symbolically a defeat for Germany's Angela Merkel, who agreed that Europe's permanent bailout fund could directly recapitalize certain troubled euro-zone banks after...