Krugman says too early to exit crisis measures

Central banks should fight the urge to raise interest rates until the global economy shows stronger signs of recovery and joblessness begins to decline, Nobel Prize-winning economist Paul Krugman said Wednesday.

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Krugman says world avoided second Great Depression

Aggressive stimulus spending by governments helped the world avoid a second Great Depression but full economic recovery will take two years or more, Nobel Prize-winning economist Paul Krugman said Monday.

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Krugman predicts US unemployment could top 10 pct

The U.S. unemployment rate could reach 10 percent without a "very effective" stimulus package, 2008 Nobel economics prize winner Paul Krugman said Monday.

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Krugman: US auto industry will probably disappear

Nobel economics prize winner Paul Krugman said Sunday that the beleaguered U.S. auto industry will likely disappear.

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Nobelist sees US accepting universal health care

Nobel Prize-winning economist Paul Krugman believes universal health care may soon become an accepted feature of American life.

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How would Jonathan Swift react to the inanities that for decades have issued from the minds and mouths of far too many recipients of a certain international prize for achievement in literature, economics, or peace? If the past truly is prologue, he would single out one of the tru …

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Last Thursday there was a rally outside the U.S.

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Last Thursday there was a rally outside the U.S.

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Does President Obama have a secret plan to raise taxes on middle-class Americans — and,well, pretty much everybody else — with a European-style, value-added tax? Actually, it's not such a big secret. Connect the dots:

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Listen the video to the end and find out, where Krugman thinks you have better chances.

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In the grim period that followed Lehman's failure, it seemed inconceivable that bankers would, just a few months later, be going right back to the practices that brought the world's financial system to the edge of collapse.

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This is a long, invaluable analysis of the current status of the "sad science".

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Academic spats can, of course, be famously catty. Ludwig Wittgenstein once tossed a poker at his fellow philosopher Karl Popper at a meeting of the Cambridge Moral Science Club as they argued about whether issues in philosophy were real or just linguistic puzzles.

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Look, it is possible to have universal care without a public option; Switzerland does. But there are some good reasons for the prominence of the public option in our debate.

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Income inequality in the United States is at an all-time high, surpassing even levels seen during the Great Depression, according to a recently updated paper by University of California, Berkeley Professor Emmanuel Saez.

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Just to be clear: the economic situation remains terrible, indeed worse than almost anyone thought possible not long ago. The nation has lost 6.7 million jobs since the recession began.

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So what do the Blue Dogs want?

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Right now the fate of health care reform seems to rest in the hands of relatively conservative Democrats — mainly members of the Blue Dog Coalition, created in 1995. And you might be tempted to say that President Obama needs to give those Democrats what they want.

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Paul Krugman is spot-on with this clear explanation of some of the things Obama is trying to do with health care reform, and why they are necessary.

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Will the destructive center kill health care reform? It looks all too possible.

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The American economy remains in dire straits, with one worker in six unemployed or underemployed. Yet Goldman Sachs just reported record quarterly profits — and it's preparing to hand out huge bonuses, comparable to what it was paying before the crisis.

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Is America on its way to becoming a boiled frog?

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As soon as the Obama administration-in-waiting announced its stimulus plan — this was before Inauguration Day — some of us worried that the plan would prove inadequate. And we also worried that it might be hard, as a political matter, to come back for another round.

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The Congressional Budget Office has looked at the future of American health insurance, and it works.

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O.K., Thursday's jobs report settles it. We're going to need a bigger stimulus. But does the president know that? Let's do the math.

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Nobel Prize winning economist Professor Paul Krugman (Princeton) has described the 212 "no" voters on the Waxman-Markey climate-change bill as mostly deniers and climate traitors betraying America and the planet

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America's political scene has changed immensely since the last time a Democratic president tried to reform health care. So has the health care picture: with costs soaring and insurance dwindling, nobody can now say with a straight face that the U.S. health care system is O.K.

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Friday's column by New York Times alleged economics columnist Paul Krugman, "The Big Hate," is a quintessential example of his modus operandi: Parrot the left-wing blog argument of the day in slightly varnished form in the august pages of the nation's most influential newspaper.

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SUMMARY: Responding to a Paul Krugman column that stated that Glenn Beck had warned of the possibility of FEMA concentration camps, Beck claimed, "Never said anything like it." But Beck had previously said that he couldn't "debunk" the FEMA conspiracy theory.

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All this, we were assured, was a good thing: sure, Americans were piling up debt, and they weren't putting aside any of their income, but their finances looked fine once you took into account the rising values of their houses and their stock portfolios. Oops.

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