Paul Krugman: The Economic Fallout

 By PAUL KRUGMAN

The New York Times

2016-11-09T00:42:44-05:0012:42 AM ET

It really does now look like President Donald J. Trump, and markets are plunging. When might we expect them to recover?

Frankly, I find it hard to care much, even though this is my specialty. The disaster for America and the world has so many aspects that the economic ramifications are way down my list of things to fear.


Still, I guess people want an answer: If the question is when markets will recover, a first-pass answer is never.

Grexit and the Morning After

 MAY 25, 2015 9:24 AM

The New York Times

By Paul Krugman

We just had another electoral earthquake in the euro area: Podemos-backed candidates have won local elections in Madrid and Barcelona. And I hope that the IFKAT — the institutions formerly known as the troika — are paying attention.

The essence of the Greek situation is that the actual parameters of a short-run deal are clear and unavoidable: Greece can’t run a primary budget deficit, because nobody will lend it new money, and it won’t (and basically can’t) run a large primary surplus, because you can’t squeeze even more blood from that stone. So you would think that an agreement for Greece to run a modest primary surplus over the next few years would be easy to reach — that is what will happen, so why not make it official?

Notes on Greece

 APRIL 19, 2015 5:05 AM

The New York Times

By Paul Krugman

OK, that was intense. I’ll write more about my visit, but right now (from Frankfurt, where I’m laying over for a couple of hours) I want to make a data point. about just how much adjustment Greece has done.

Natural Big Lies

FEBRUARY 24, 2014, 1:27 PM  46 Comments

Paul Krugman

The New York Times

I’ve been doing some more Fed transcript readings, and noticing how implausible everyone found it that what did happen, could happen. And I have a small insight as I remember the days of bubble denial. It involves a violation of Godwin’s Law, but in a good cause.

Krugman Accused of ‘Uncivil Behavior’

May 26, 2013, 6:29 PM

The Wall Street Journal

The gloves are off in the roiling academic dispute over the merits of austerity and the dangers of debt.

In the latest round, Harvard economists Kenneth Rogoff and Carmen Reinhart accused Princeton economist and New York Times columnist Paul Krugman of “spectacularly uncivil behavior” and the inaccurate allegation that they refused to share data supporting their work linking heavy debt levels to subsequent slow economic growth.