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...

10/23/2014 - 2:31pm

    In the Middle Ages, the call for a crusade to conquer the Holy Land was met with cries of "Deus vult!" - God wills it. But did the crusaders really know what God wanted? Given how the venture turned out, apparently not.

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10/16/2014 - 3:57pm

    What if they balanced the budget and nobody knew or cared?

    OK, the federal budget hasn't actually been balanced. But the Congressional Budget Office has tallied up the totals for fiscal 2014...

10/16/2014 - 11:50am

    Even if Republicans take the Senate this year, gaining control of both houses of Congress, they won't gain much in conventional terms: They're already able to block legislation, and they still won't be able to pass anything over the president...

10/09/2014 - 3:01pm

    Last week, Bill Gross, the so-called bond king, abruptly left PIMCO, the investment firm he had managed for decades. People who follow the financial industry were shocked but not exactly surprised; tales of internal troubles at PIMCO had been all over the...

10/02/2014 - 4:27pm

    Last week John Boehner, the speaker of the House, explained to an audience at the American Enterprise Institute what's holding back employment in America: laziness. People, he said, have "this idea" that "I really don't have to work....

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