Paul Krugman

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 or financial contagion to other debtors. No, the...

11/13/2014 - 3:11pm

    The Bank of Japan, this country's equivalent of the Federal Reserve, has lately been making a big effort to end deflation, which has afflicted Japan's economy for almost two decades. At first its efforts - which involve printing a lot of money and,...

11/06/2014 - 5:52pm

    For almost two decades, Japan has been held up as a cautionary tale, an object lesson on how not to run an advanced economy. After all, the island nation is the rising superpower that stumbled. One day, it seemed, it was on the road to high-tech domination...

11/06/2014 - 5:14pm

    America used to be a country that built for the future. Sometimes the government built directly: Public projects, from the Erie Canal to the Interstate Highway System, provided the backbone for economic growth. Sometimes it provided incentives to the...

10/30/2014 - 2:02pm

    It's always good when leaders tell the truth, especially if that wasn't their intention. So we should be grateful to Leung Chun-ying, the Beijing-backed leader of Hong Kong, for blurting out the real reason pro-democracy demonstrators can't get...

10/23/2014 - 2:47pm

    Amazon.com, the giant online retailer, has too much power, and it uses that power in ways that hurt America.

    OK, I know that was kind of abrupt. But I wanted to get the central point out there...

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