Krugman added that President Trump's policies are also undermining the position Of US equity markets, and a 'Sell America' could emerge if people lose confidence in the US dollar as a safe haven.
Paul Krugman has 4.5 million followers on Twitter which could be why the Nobel laureate got his blue tick back.
The major reason why we didn’t do better on the COVID front was the power of politically motivated lies
From Irving Fisher's bullish view of the US stock market in 1929 to Paul Krugman's prediction that Internet growth will slow down by 2005, these are the big bad predictions that give us hope.
The costs of solar and wind power have plunged to the point that any modest incentives could bring down fossil fuel use rapidly
Those opposed to action against climate change have always turned to multiple lines of defence. Sadly, it’s taking them nowhere
Both recent data and statements from the Federal Reserve have punctured the case for a sustained outbreak of inflation
Gold suffers from a lot of the same problems as cryptocurrencies - you can't actually use it to buy anything.
Elected Republicans still stick to right-wing economic policies that favour the rich, but short-change the working class
How will we live once the pandemic recedes? Nobody really knows
Does the free market ensure that the whole system works under stress? Probably not
The rescue package Biden unveiled Thursday already indicates he won’t exhibit the excessive caution that inhibited President Barack Obama’s response to economic crisis
Donald Trump is indeed an authoritarian willing to use violence to achieve his racial nationalist goals. So are many of his supporters. Giving in to fascists doesn’t pacify them, it just encourages them to go further
Once widespread vaccination is done, the economy will bounce back. The question is, how big will the bounce be?
For the lesson of 2020 is that in a crisis, and to some extent even in calmer times, the government can do a lot to improve people’s lives
The aid will be less generous than it was in the spring and summer: $300 a week in enhanced unemployment benefits, rather than $600
People struggle to make good choices when it comes to all kinds of financial products, but health insurance is especially confusing, with its mix of technical benefits and fees. Many Americans don’t understand terms like “deductible” or “coinsurance” very well.
The new paradigm suggests both that public debt isn’t a major problem and that government borrowing for the right purposes is actually the responsible thing to do
The direct impact of the ongoing trade war has been on capital expenditure of businesses, feels Krugman.
Paul Krugman is Professor Emeritus of Princeton University's Woodrow Wilson School and was awarded the Nobel Prize in 2008 for his work on economic geography and identifying international trade patterns
Krugman who has been a vocal critic of the digital currency gave a two-fold explanation pertaining to the usefulness and future of cryptocurrencies.
Conventional economic theory suggests that when an economy progresses, it passes from being predominantly agrarian to having a preponderance of manufacturing, and then becomes services-driven as it attains maturity.
"The Nobel prize winning economist, Paul Krugman confirms what we've been saying for over two years now. Mass unemployment is the biggest threat India faces. Unfortunately, we have a PM who lives in denial. Afraid his "Acche Din" PR will take a beating," he said on Twitter.
Nobel laureate Paul Krugman, who was in India to speak at News18 Network’s Rising India summit, says that India can now be described as an economic superpower. Edited excerpts...
Nobel Laureate stresses India doesn’t have the jobs needed to sustain projected growth, calls for manufacturing sector push