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Nobel prize-winning economist Paul Krugman (L) is greeted with flowers as he arrives at a government guest house in Hanoi on May 22, 2009. View Photo »
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Nobel prize-winning economist Paul Krugman (L) sits next to Vietnamese Foreign Minister Pham Gia Khiem as they attend a meeting with Vietnamese economists and officials over recommendations on Vietnam's development strategy in the world economy and post... View Photo »
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Nobel prize-winning economist Paul Krugman (R) attends a meeting with Vietnamese economists and officials over recommendations on Vietnam's development strategy in world economy and post-financial crisis, in Hanoi on May 22, 2009. View Photo »
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NEW YORK - MAY 03: Designe Marc Jacobs, New York Times Magazine editor Gerald Marzorati, and New York Times writer Paul Krugman attends the 4th Annual New York Times Sunday with the Magazine at TheTimesCenter on May 3, 2009 in New York City. View Photo »
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U.S. economist and Nobel Prize winner Paul Krugman, left, listens during a joint media conference with EU Commissioner for Enterprise Guenter Verheugen at EU headquarters in Brussels, Tuesday March 17, 2009. View Photo »
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U.S. economist and Nobel Prize winner Paul Krugman, left, speaks during a joint media conference with EU Commissioner for Enterprise Guenter Verheugen at EU headquarters in Brussels, Tuesday March 17, 2009. View Photo »
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2008 Nobel economy prize laureate Paul Krugman (L) of the United States receives his award from Swedish King Carl XVI Gustaf in Stockholm on December 10, 2008. View Photo »
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2008 Nobel economy prize laureate Paul Krugman (L) of the United States receives his award from Swedish King Carl XVI Gustaf in Stockholm on December 10, 2008. View Photo »
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U.S. economist and New York Times columnist Paul Krugman, left, laureate of the Nobel Memorial Prize in Economic Sciences, receives his medal and diploma from Sweden's King Carl XVI Gustaf, right, during the Nobel Prize awards ceremony in Stockholm, Swe... View Photo »
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Nobel Prize winning economist Paul Krugman speaks during the World Business Forum in New York October 7, 2009. View Photo »
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Nobel Prize winning economist Paul Krugman smiles during the World Business Forum in New York October 7, 2009. View Photo »
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Nobel Prize winning economist Paul Krugman speaks during the World Business Forum in New York October 7, 2009. View Photo »
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Nobel Prize winning economist Paul Krugman speaks during the World Business Forum in New York October 7, 2009. View Photo »
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Nobel Prize winning economist Paul Krugman speaks during the World Business Forum in New York October 7, 2009. View Photo »
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Nobel Prize-winning economist Paul Krugman speaks during a press conference at the World Capital Markets Symposium in Kuala Lumpur, Malaysia, Monday, Aug. 10, 2009. View Photo »
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Nobel Prize-winning economist Paul Krugman speaks during a press conference at the World Capital Markets Symposium in Kuala Lumpur, Malaysia, Monday, Aug. 10, 2009. View Photo »
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Nobel Prize-winning economist Paul Krugman speaks during a press conference at the World Capital Markets Symposium in Kuala Lumpur, Malaysia, Monday, Aug. 10, 2009. View Photo »
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Nobel prize-winning economist Paul Krugman (centre L) sits next to Vietnamese deputy Prime Minister Nguyen Sinh Hung (C) as they attend a meeting with Vietnamese economists and officials over recommendations on Vietnam's development strategy in the worl... View Photo »
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Nobel prize-winning economist Paul Krugman adjusts his headset as he attends a meeting with Vietnamese economists and officials over recommendations on Vietnam's development strategy in world economy and post-financial crisis, in Hanoi on May 22, 2009. View Photo »
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Getty Images
Nobel prize-winning economist Paul Krugman (L) is greeted with flowers as he arrives at a government guest house in Hanoi on May 22, 2009.
View Photo » -
Getty Images
Nobel prize-winning economist Paul Krugman (L) sits next to Vietnamese Foreign Minister Pham Gia Khiem as they attend a meeting with Vietnamese economists and officials over recommendations on Vietnam's development strategy in the world economy and post-financial crisis, in Hanoi on May...
View Photo » -
Getty Images
Nobel prize-winning economist Paul Krugman (R) attends a meeting with Vietnamese economists and officials over recommendations on Vietnam's development strategy in world economy and post-financial crisis, in Hanoi on May 22, 2009.
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Getty Images
NEW YORK - MAY 03: Designe Marc Jacobs, New York Times Magazine editor Gerald Marzorati, and New York Times writer Paul Krugman attends the 4th Annual New York Times Sunday with the Magazine at TheTimesCenter on May 3, 2009 in New York City.
View Photo » -
AP Photo
U.S. economist and Nobel Prize winner Paul Krugman, left, listens during a joint media conference with EU Commissioner for Enterprise Guenter Verheugen at EU headquarters in Brussels, Tuesday March 17, 2009.
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AP Photo
U.S. economist and Nobel Prize winner Paul Krugman, left, speaks during a joint media conference with EU Commissioner for Enterprise Guenter Verheugen at EU headquarters in Brussels, Tuesday March 17, 2009.
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Getty Images
2008 Nobel economy prize laureate Paul Krugman (L) of the United States receives his award from Swedish King Carl XVI Gustaf in Stockholm on December 10, 2008.
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Getty Images
2008 Nobel economy prize laureate Paul Krugman (L) of the United States receives his award from Swedish King Carl XVI Gustaf in Stockholm on December 10, 2008.
View Photo » -
AP Photo
U.S. economist and New York Times columnist Paul Krugman, left, laureate of the Nobel Memorial Prize in Economic Sciences, receives his medal and diploma from Sweden's King Carl XVI Gustaf, right, during the Nobel Prize awards ceremony in Stockholm, Sweden, Wednesday, Dec. 10, 2008.
View Photo » -
Reuters Pictures
Nobel Prize winning economist Paul Krugman speaks during the World Business Forum in New York October 7, 2009.
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Reuters Pictures
Nobel Prize winning economist Paul Krugman smiles during the World Business Forum in New York October 7, 2009.
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Reuters Pictures
Nobel Prize winning economist Paul Krugman speaks during the World Business Forum in New York October 7, 2009.
View Photo » -
Reuters Pictures
Nobel Prize winning economist Paul Krugman speaks during the World Business Forum in New York October 7, 2009.
View Photo » -
Reuters Pictures
Nobel Prize winning economist Paul Krugman speaks during the World Business Forum in New York October 7, 2009.
View Photo » -
AP Photo
Nobel Prize-winning economist Paul Krugman speaks during a press conference at the World Capital Markets Symposium in Kuala Lumpur, Malaysia, Monday, Aug. 10, 2009.
View Photo » -
AP Photo
Nobel Prize-winning economist Paul Krugman speaks during a press conference at the World Capital Markets Symposium in Kuala Lumpur, Malaysia, Monday, Aug. 10, 2009.
View Photo » -
AP Photo
Nobel Prize-winning economist Paul Krugman speaks during a press conference at the World Capital Markets Symposium in Kuala Lumpur, Malaysia, Monday, Aug. 10, 2009.
View Photo » -
Getty Images
Nobel prize-winning economist Paul Krugman (centre L) sits next to Vietnamese deputy Prime Minister Nguyen Sinh Hung (C) as they attend a meeting with Vietnamese economists and officials over recommendations on Vietnam's development strategy in the world economy and post-financial crisi...
View Photo » -
Getty Images
Nobel prize-winning economist Paul Krugman adjusts his headset as he attends a meeting with Vietnamese economists and officials over recommendations on Vietnam's development strategy in world economy and post-financial crisis, in Hanoi on May 22, 2009.
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Getty Images
Dr Paul Krugman, 2008 Nobel Laureate, speaks at a press conference held by the Securities and Futures Commission (SFC) in Hong Kong on May 22, 2009. Krugman was speaking on the economy at a media event to celebrate 20 years of the SFC.
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Getty Images
Dr Paul Krugman, 2008 Nobel Laureate, speaks at a press conference held by the Securities and Futures Commission (SFC) in Hong Kong on May 22, 2009. Krugman was speaking on the economy at a media event to celebrate 20 years of the SFC.
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Reuters Pictures
Paul Krugman, Nobel Prize Laureate and professor of economics and international affairs at Princeton University, delivers a speech at the 2009 Seoul Global Financial Conference in Seoul May 19, 2009.
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Reuters Pictures
Paul Krugman, Nobel Prize Laureate and professor of economics and international affairs at Princeton University, delivers a speech at the 2009 Seoul Global Financial Conference in Seoul May 19, 2009.
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Reuters Pictures
Paul Krugman, Nobel Laureate and professor of economics and international affairs at Princeton University, arrives to testify at the House Appropriations Committee Labor, HHS, Education and Related Agencies Subcommittee on "Raising Wages and Living Standards for families and workers" on...
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Nobel prize-winning economist Paul Krugman (L) sits next to Vietnamese Foreign Minister Pham Gia Khiem as they attend a meeting with Vietnamese economists and officials over recommendations on Vietnam's development strategy in the world economy and post-financial crisis, in Hanoi on May...
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He can't come out with a proposal for $10 or $20 billion of stuff because people will view that as a joke. There has to be a significant proposal ... If I had my druthers, if there were no limits politically, I'd say let's just have a really massive second stimulus plan to get the economy going, but sin...
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After 14 uninterrupted hours of childcare, making the transition from Diego and diaper cream to Jim Lehrer and Paul Krugman is an exhausting prospect. If I ever muster the energy to investigate what is going on in the world outside the baby bunker, I find it impossible not to see that world through the ...
SOURCE: San Francisco Chronicle -
China's bad behavior is posing a growing threat to the rest of the world economy
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New York Times columnist Paul Krugman
SOURCE: Power Line -
President Obama came into office with a strong mandate and proclaimed the need to take bold action on the economy. His actual actions, however, were cautious rather than bold. They were enough to pull the economy back from the brink, but not enough to bring unemployment down.
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Paul Krugman, Milton Friedman, Ben Bernanke, all travelled to Japan and bashed Japan left and right
SOURCE: FOX Business -
President Obama came into office with a strong mandate and proclaimed the need to take bold action on the economy. His actual actions, however, were cautious rather than bold. They were enough to pull the economy back from the brink, but not enough to bring unemployment down.
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Obama is moving and also can be ironic. He writes about unions and a book by Paul Krugman who won the Nobel Prize in economics and how he learned from him about the number of millionaires which grew from about 30, in the days of Rockefellers, and just a few who decided the destiny of the United States.
SOURCE: Counterpunch -
Unless something changes drastically, we’re looking at many years of high unemployment.
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Mr. Limbaugh desperately wants to buy into the NFL ... The Crips and Bloods comment will be recast to say that the NFL is beginning to look like Nobel laureates in economics Milton Friedman and Paul Krugman fighting over fiscal policy without considering the velocity of the money supply.
SOURCE: ChicagoNow -
High unemployment doesn’t just punish the economy today; it punishes the future, too.
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The gravity of the Nobel awards has not been augmented by some of their recent selections, including today's announcement, last year's award of the Economics prize [posthumously] to Paul Krugman, or the 2007 Peace Prize to Al Gore, whose global warming theories he will not defend in open debate. Maybe a...
SOURCE: Carpe Diem -
The value of China's currency, unlike, say, the value of the British pound, isn't determined by supply and demand. Instead, Chinese authorities enforced that target by buying or selling their currency in the foreign exchange market - a policy made possible by restrictions on the ability of private inves...
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Mark Miller contends that Paul Krugman, who is in face a Nobel-winning economist, knows his stuff.
SOURCE: Town Hall -
With the world economy still in a precarious state, beggar-thy-neighbor policies by major players can’t be tolerated ... Something must be done about China’s currency.
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As Paul Krugman keeps mentioning, recovery in Japan depended on rising net exports. Net exports is the key.
SOURCE: Economist's View -
the view that the events of the Great Depression were the result of a complete lack of understanding and that if only our grandfathers knew what we now know, it could have been prevented
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We basically replayed the first year of the Great Depression
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Sometimes I think that one of these days I’ll end up in one of those cages on Guantanamo Bay
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China needs a transformation to a growth strategy based upon domestic demand, particularly consumer demand
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Um, I’m not a political scientist ... Also, I can’t quite remember when I last received NSF support, but it has to be at least 20 years ago — and it was, of course, for work on international trade, work that, you know, won me a Clark Medal and that other prize.
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I was kind of hoping Obama might be FDR, but maybe not.
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It was an enormous physical stimulus ... It was, you know - we're getting all worked up about Obama who would be spending at max about 2.5 percent of the gross domestic product. World War II, of course, was more than 40 percent of gross domestic product at its peak. So this is trivial stuff that we're d...
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