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Paul Krugman

04/17/2014 - 4:56pm

    We're giving huge sums to the financial industry while receiving little or nothing in return.

    Four years ago Chris Christie, the governor of New Jersey, abruptly canceled America's biggest and arguably most important infrastructure project, a desperately needed new rail tunnel under the Hudson River. Count me...

04/03/2014 - 12:44am

    As inequality has become an increasingly prominent issue in American discourse, there has been furious pushback from the right. Some conservatives argue that focusing on inequality is unwise, that taxing high incomes will cripple economic growth. Some argue that it's unfair, that people should be allowed to...

03/27/2014 - 2:58am

    There don't seem to be any major economic crises underway right this moment, and policymakers in many places are patting themselves on the back. In Europe, for example, they're crowing about Spain's recovery: The country seems set to grow at least twice as fast this year as previously forecast.

...
03/20/2014 - 1:52pm

    Four years ago, some of us watched with a mixture of incredulity and horror as elite discussion of economic policy went completely off the rails. Over the course of just a few months, influential people all over the Western world convinced themselves and each other that budget deficits were an existential threat...

03/13/2014 - 2:08am

    Recently the Federal Reserve released transcripts of its monetary policy meetings during the fateful year of 2008. And boy, are they discouraging reading.

    Partly that's because Fed officials come across as essentially clueless about the gathering economic storm....

03/13/2014 - 1:19am

    Hypocrisy is the tribute that vice pays to virtue. So when you see something like the current scramble by Republicans to declare their deep concern for America's poor, it's a good sign, indicating a positive change in social norms. Goodbye, sneering at the 47 percent; hello, fake compassion.

...
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