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Paul Krugman

04/13/2014 - 8:16pm

    When it comes to health reform, Republicans suffer from delusions of disaster. They know, just know, that the Affordable Care Act is doomed to utter failure, so failure is what they see, never mind the facts on the ground.

    Thus, on Tuesday, Mitch McConnell, the Senate minority leader, dismissed the push for pay...

02/20/2014 - 2:21pm

    Back in 1987 my Princeton colleague Alan Blinder published a very good book titled "Hard Heads, Soft Hearts." It was, as you might guess, a call for tough-minded but compassionate economic policy. Unfortunately, what we actually got - especially, although not only, from Republicans - was the opposite....

02/13/2014 - 4:50pm

    The Republican response to the State of the Union address was delivered by Rep. Cathy McMorris Rodgers, R-Wash. - and it was remarkable for its lack of content. A bit of uplifting personal biography, a check list of good things her party wants to happen with no hint of how it plans to make them happen.

...
02/13/2014 - 3:55pm

    On Wednesday, Douglas Elmendorf, the director of the nonpartisan Congressional Budget Office, said the obvious: losing your job and choosing to work less aren't the same thing. If you lose your job, you suffer immense personal and financial hardship. If, on the other hand, you choose to work less and spend...

02/06/2014 - 10:00am

    Rising inequality has obvious economic costs: stagnant wages despite rising productivity, rising debt that makes us more vulnerable to financial crisis. It also has big social and human costs. There is, for example, strong evidence that high inequality leads to worse health and higher mortality.

...
02/06/2014 - 10:00am

    OK, who ordered that? With everything else going on, the last thing we needed was a new economic crisis in a country already racked by political turmoil. True, the direct global spillovers from Turkey, with its Los Angeles-sized economy, won't be large. But we're hearing that dreaded word "contagion...

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