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About Paul Krugman
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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.
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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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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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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.
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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.
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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.
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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.
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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.
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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, Sweden, Wednesday, Dec. 10, 2008.
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The 2008 Nobel laureate of Economy Paul Krugman speaks with Swedish Princess Madeleine during the Banquet at the city-Hall of Stockholm, on December 10, 2008.
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The 2008 Nobel laureate of Economy Paul Krugman speaks with Princess Madeleine( C) during the Banquet at the city-Hall of Stockholm, December 10, 2008.
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STOCKHOLM, SWEDEN - DECEMBER 10: French writer Jean-Marie Gustave Le Clezio, winner of the 2008 Nobel Prize in Literature, and Nobel Prize winner in Economics Paul Krugman attend the Nobel Foundation Prize 2008 Awards Ceremony at the Concert Hall on December 10, 2008 in Stockholm, Swed...
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STOCKHOLM, SWEDEN - DECEMBER 10: Paul Krugman bows as he receives his Nobel Prize in Economics during the Nobel Foundation Prize 2008 Awards Ceremony at the Concert Hall on December 10, 2008 in Stockholm, Sweden.
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From left: 2008 Nobel medecine prize laureates Françoise Barré-Sinoussi and Luc Montagnier both of France, literature laureate Jean-Marie Le Clezio of France, economy laureate Paul Krugman of the United States attend the awards ceremony in Stockholm on December 10, 2008.
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From left: 2008 Nobel medecine prize laureate Luc Montagnier of France, literature laureate Jean-Marie Le Clezio of France, economy laureate Paul Krugman of the United States attend the awards ceremony in Stockholm on December 10, 2008.
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2008 Nobel economy prize laureate Paul Krugman (R) of the United States and literature laureate Jean-Marie Le Clezio of France attend the awards ceremony in Stockholm on December 10, 2008.
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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.
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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.
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Nobel prize winner for Economy Sciences Paul Krugman of the US speaks during a press conference after his lecture at Aula Magna auditorium at Stockholm University on December 8, 2008 in Stockholm.
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Nobel prize winner for Economy Sciences Paul Krugman of the US listens to questions during a press conference after his lecture at Aula Magna auditorium at Stockholm University on December 8, 2008 in Stockholm.
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Nobel prize winner for Economy Sciences Paul Krugman of the US listens to questions during a press conference after his lecture at Aula Magna auditorium at Stockholm University on December 8, 2008 in Stockholm.
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Nobel prize winner for Economy Sciences Paul Krugman of the US gives his lecture at Aula Magna auditorium at Stockholm University on December 8, 2008 in Stockholm.
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Nobel prize winner for Economy Sciences Paul Krugman of the US gives his lecture at Aula Magna auditorium at Stockholm University on December 8, 2008 in Stockholm.
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Nobel prize winner for Economy Sciences Paul Krugman of the US gives his lecture at Aula Magna auditorium at Stockholm University on December 8, 2008 in Stockholm.
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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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New York Times columnist Paul Krugman
SOURCE: Power Line -
China's bad behavior is posing a growing threat to the rest of the world economy
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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 -
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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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 -
Unless something changes drastically, we’re looking at many years of high unemployment.
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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 -
High unemployment doesn’t just punish the economy today; it punishes the future, too.
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Mark Miller contends that Paul Krugman, who is in face a Nobel-winning economist, knows his stuff.
SOURCE: Town Hall -
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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As Paul Krugman keeps mentioning, recovery in Japan depended on rising net exports. Net exports is the key.
SOURCE: Economist's View -
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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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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