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Paul Krugman

04/17/2014 - 4:56pm

    We're giving huge sums to the financial industry while receiving little or nothing in return.

    Four years ago Chris Christie, the governor of New Jersey, abruptly canceled America's biggest and arguably most important infrastructure project, a desperately needed new rail tunnel under the Hudson River. Count me...

02/20/2014 - 2:24pm

    Last week's big business news was the announcement that Comcast, a gigantic provider of cable TV and high-speed Internet service, has reached a deal to acquire Time Warner, which is merely huge. If regulators approve the deal, Comcast will be an overwhelmingly dominant player in the business, with around 30...

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.

...
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