Paul Krugman

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Obama 'Dithering' on Bank Rescue: Krugman
Obama 'Dithering' on Bank Rescue: Krugman
OPINION

Obama 'Dithering' on Bank Rescue: Krugman

Toxic asset plans just aren't going to work

(Newser) - Barack Obama has repeatedly said that bold action is needed to save the financial system, and he’s probably right, writes Paul Krugman in the New York Times. So it’s a shame he isn’t taking any. “The reality is that when it comes to dealing with the...

Obama Should Draft Krugman
 Obama Should Draft Krugman 
OPINION

Obama Should Draft Krugman

NYT columnist would do a lot better than Geithner and Summers

(Newser) - Barack Obama’s economic team so far has failed to inspire confidence, writes Steven Stark for the Boston Phoenix. Instead of Geithner and Summer, Obama should pick a new man to lead the charge on the financial crisis: Appoint Paul Krugram, Nobel laureate and economics columnist for the New York ...

Krugman: We've All Been Madoffed
 Krugman: We've All 
 Been Madoffed 
OPINION

Krugman: We've All Been Madoffed

(Newser) - Bernie Madoff’s investors thought they were getting richer every quarter. Then, one day, they discovered their wealth “was a figment of someone else’s imagination,” writes Paul Krugman in the New York Times. And sadly, that’s a pretty good metaphor for America’s experience this decade....

Blame Obama for Botched Stimulus
Blame Obama for Botched Stimulus
OPINION

Blame Obama for Botched Stimulus

President's hunger for bipartisan support led to disaster: Krugman

(Newser) - Even if the Obama stimulus package had been enacted in its original $800 billion form, writes Paul Krugman, it wouldn't have plugged the hole in the American economy. Yet the "centrists" who cut it down have taken out some of its best provisions, like aid for state governments,...

Krugman Is Top Media Liberal
 Krugman Is Top Media Liberal
OPINION

Krugman Is Top Media Liberal

Krugman tops Forbes ' list

(Newser) - Washington is beginning a new liberal era, and Forbes lists the 25 media lefties likely to be the most influential in the coming years. The top 5:
  1. Paul Krugman. The Nobel Prize-winner's "prose is as pungent as his academic credentials are impeccable."
  2. Arianna Huffington: The Huffington Post's founder
...

Obama Must Spend Boldly— or It's Great Depression II

Only government can save us now: Krugman

(Newser) - For decades economists believed that a second Great Depression was impossible; all the Fed had to do, they said, is print more money. But as Paul Krugman writes, monetary policy has failed; despite "supplying liquidity like an engine crew trying to put out a five-alarm fire," credit remains...

Krugman: Obama Can't Take Crutches Away Too Soon
Krugman: Obama Can't Take Crutches Away Too Soon
OPINION

Krugman: Obama Can't Take Crutches Away Too Soon

Government must remain involved for economy to gain new footing

(Newser) - The Obama administration must resist the temptation to leave the economy to its own devices too soon, Paul Krugman writes in the New York Times. “Getting to the point where our economy can thrive without fiscal support may be a difficult, drawn-out process,” he writes, with no bubble...

Forget the Deficit: Spend, Spend, Spend!

We need massive fiscal expansion, not budget restraint: Krugman

(Newser) - As the incoming administration prepares a massive fiscal stimulus to jolt America's floundering economy back to life, some are worrying about what billions in spending will do to the budget deficit. On the contrary, writes Paul Krugman in the New York Times: Deficit spending now will help, not harm, the...

Enough about the Deficit: It's Time to Spend
Enough about the Deficit: It's Time to Spend
OPINION

Enough about the Deficit: It's Time to Spend

The Fed can't help much, but the government can

(Newser) - Volatile markets rule the headlines, but the imperiled nonfinancial economy is more worrisome, Paul Krugman writes in the New York Times. The way to get that rolling again, contrary to what John McCain said in Wednesday’s presidential debate, is to ignore the deficit and increase government spending. As retail...

How Brown Became a Superhero
 How Brown 
 Became a 
 Superhero 
ANALYSIS

How Brown Became a Superhero

Glum British PM now seems more 'Flash Gordon'

(Newser) - Unpopular at home and nearly invisible on the world stage, Gordon Brown endured a tough ride during his first year in power. But the global financial crisis has transformed the British prime minister, who now finds himself in the unlikely position of international superstar. As Europe, Australia, Hong Kong, and...

NYT's Krugman Wins Nobel Economic Prize

Globalization expert blames Bush for current crisis

(Newser) - Paul Krugman was awarded the Nobel Prize for Economics this morning, Reuters reports, in recognition for his work on globalization and free trade. Krugman, a New York Times columnist, Princeton professor, and staunch Bush critic, has long been a favorite for the award, but says it came as a surprise...

Gore Inspires ‘Deranged’ Righty Hatred

Krugman speculates about why he drives conservatives so batty

(Newser) - Conservatives are incensed over Al Gore’s Nobel prize, and the Times' Paul Krugman says he knows why: The former veep “keeps being right.” The reactions range from the Journal's refusal to mention his name while rattling off more worthwhile contenders to a National Review suggestion that climate-sensitive...

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