Paul Krugman

12/18/2014 - 4:16am

    The Greek fiscal crisis erupted five years ago, and its side effects continue to inflict immense damage on Europe and the world. But I'm not talking about the side effects you may have in mind - spillovers from Greece's Great Depression-level slump or financial contagion to other debtors. No, the...

12/11/2014 - 4:41pm

    Last week we got an actually good employment report - arguably the first truly good report in a long time. The U.S. economy added well over 300,000 jobs; wages, which have been stagnant for far too long, picked up a bit. Other indicators, like the rate at...

12/11/2014 - 4:11pm

    It's easy to understand why Republicans wish health reform had never happened and are now hoping that the Supreme Court will abandon its principles and undermine the law. But it's more puzzling - and disturbing - when Democrats like Charles Schumer...

12/11/2014 - 3:55pm

       The U.S. economy finally seems to be climbing out of the deep hole it entered during the global financial crisis. Unfortunately, Europe, the other epicenter of crisis, can't say the same. Unemployment in the euro area is stalled at almost twice the U.S. level, while...

12/04/2014 - 3:30pm

    Earlier this week, the Environmental Protection Agency announced proposed regulations to curb emissions of ozone, which causes smog, not to mention asthma, heart disease and premature death. And you know what happened: Republicans went on the attack,...

11/27/2014 - 7:23pm

    Six years ago the Federal Reserve hit rock bottom. It had been cutting the federal funds rate, the interest rate it uses to steer the economy, more or less frantically in an unsuccessful attempt to get ahead of the recession and financial crisis. But it...

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