Paul Krugman

01/23/2015 - 3:05am

    Ah, Switzerland, famed for cuckoo clocks and sound money. Other nations may experiment with radical economic policies, but with the Swiss you don't get surprises.

    Until you do. On Thursday the Swiss National Bank, the equivalent of the...

01/01/2015 - 10:31pm

    Maybe I'm just projecting, but Christmas seemed unusually subdued this year. The malls seemed less crowded than usual, the people glummer. There was even less Muzak in the air. And, in a way, that's not surprising: All year Americans have been...

01/01/2015 - 9:58pm

    More than a century has passed since Norman Angell, a British journalist and politician, published "The Great Illusion," a treatise arguing that the age of conquest was or at least should be over. He didn't predict an end to warfare, but he...

12/24/2014 - 4:33pm

    On Wall Street, 2010 was the year of "Obama rage," in which financial tycoons went ballistic over the president's suggestion that some bankers helped cause the financial crisis. They were also, of course, angry about the Dodd-Frank financial...

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...

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...

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