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October 9, 2013

Europe and Eurasia
Paul Krugman’s Baltic Bust—Part III

Geo-Graphics posts in July 2010 and 2012 showed that Paul Krugman’s devaluation-driven “Icelandic Miracle” was nothing of the sort – a figment of his having chosen the most favorable possible star…

Paul Krugman’s Baltic Bust—Part III

November 14, 2016

Europe and Eurasia
Paul Krugman Doubles Down On Fiscal Expansion Claims Contradicted by Data

“Everything about recent experience,” Paul Krugman says, “suggests that the world desperately needs fiscal expansion to boost demand and … that our sole reliance on central banks isn’t working.” …

Paul Krugman Doubles Down On Fiscal Expansion Claims Contradicted by Data

November 10, 2014

Monetary Policy
Paul Krugman Calls for "Weak-Dollar Policy"...Towards Mars?

Paul Krugman routinely mocks Germany for wanting “everyone to run enormous trade surpluses at the same time.” As Martin Wolf has put it, this is impossible, as “the world cannot trade with Mars.” …

Paul Krugman Calls for "Weak-Dollar Policy"...Towards Mars?

August 13, 2005

Economics
Paul Krugman summarizes the US economy in a single sentence

"these days, Americans make a living selling each other houses, paid for with money borrowed from the Chinese." I have a soft spot for a well turned phrase. Krugman also picks up on something that …

January 13, 2015

Europe and Eurasia
Correcting Paul Krugman’s Austerity Chart for Monetary Effects Yields Very Different Results

In two recent blog posts (1/6 and 1/7), Paul Krugman highlighted a chart he made that, he says, illustrates clearly the failure of “austerity” around the world.  We reproduce it above on the left…

Correcting Paul Krugman’s Austerity Chart for Monetary Effects Yields Very Different Results

September 22, 2017

Eurozone
So What Did the Great Recession Teach Us About the Power of Public Spending? Revisiting Paul Krugman

  “Everything about recent experience,” Paul Krugman said a year ago, “suggests that the world desperately needs fiscal expansion to boost demand and … that our sole reliance on central banks …

So What Did the Great Recession Teach Us About the Power of Public Spending? Revisiting Paul Krugman

April 10, 2010

Climate Change
Krugman on Climate: The Good

Paul Krugman’s essay in tomorrow’s New York Times Magazine is generating a lot of buzz. I like it more than most of what’s written on climate and economics these days, but I’ve still got a few rese…

April 16, 2013

Capital Flows
Krugman’s Data-Picking Downplays U.S. Debt

Paul Krugman recently dismissed concerns about America’s large international debt.  “America’s debtor position,” he writes, “isn’t actually that deep, because of capital gains.” When Krugman talk…

Krugman’s Data-Picking Downplays U.S. Debt

October 18, 2019

U.S. Foreign Policy
Election 2020 Foreign Policy Roundup: The Democratic Debate, Trade Policy, and the Iran Nuclear Deal

Tuesday night’s debate allotted just twenty-two minutes to foreign policy. It’s doubtful the audience came away from that brief conversation with a deeper understanding of what the candidates hope to…

Democratic presidential candidate Senator Bernie Sanders, former Vice President Joe Biden and Senator Elizabeth Warren debate during the fourth U.S. Democratic presidential candidates 2020 election debate in Westerville, Ohio, U.S., October 15, 2019. REUTERS/Shannon Stapleton

October 16, 2019

Haiti
What’s Driving the Protests in Haiti?

Anti-government protests could mean humanitarian crisis in Haiti, a country with a long history of instability.