Paul Krugman

02/26/2015 - 5:41pm

    Regular readers know that I sometimes mock "very serious people" - politicians and pundits who solemnly repeat conventional wisdom that sounds tough-minded and realistic. The trouble is that sounding serious and being serious are by no means the same thing, and some of...

02/26/2015 - 5:07pm

    Scott Walker, the governor of Wisconsin, is said to be a rising contender for the Republican presidential nomination. So, on Wednesday, he did what, these days, any ambitious Republican must and pledged allegiance to charlatans and...

02/19/2015 - 9:47pm

    Try to talk about the policies we need in a depressed world economy, and someone is sure to counter with the specter of Weimar Germany, supposedly an object lesson in the dangers of budget deficits and monetary expansion. But the history of Germany after...

02/19/2015 - 9:30pm

    Monetary policy probably won't be a major issue in the 2016 campaign, but it should be. It is, after all, extremely important, and the Republican base and many leading politicians have strong views about the Federal Reserve and its conduct. And the...

02/12/2015 - 6:03pm

    Many economists, including Janet Yellen, view global economic troubles since 2008 largely as a story about "deleveraging" - a simultaneous attempt by debtors almost everywhere to reduce their liabilities. Why is deleveraging a problem? Because my...

02/12/2015 - 5:41pm

    On Wednesday, the European Central Bank announced that it would no longer accept Greek government debt as collateral for loans. This move, it turns out, was more symbolic than substantive. Still, the moment of truth is clearly approaching.

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