Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

NEWS ABOUT: Paul Krugman

Stories 1 - 20 |  Next >>

Switch to grid view »

Why the Left Hates 'Chained CPI'

Obama's proposed Social Security changes are not popular with liberals

(Newser) - President Obama is making some concessions to Republicans in his new budget, and there's one that has particularly rankled the Democrats' ranks, reports MSNBC : A proposal to change the way Social Security benefits are determined by linking it to something called "chained CPI." So what is it... More »

Like Saddam's WMDs, We Still Manufacture 'Mainstream'

Paul Krugman thinks we haven't learned to examine 'mainstream' consensus

(Newser) - It's the 10th anniversary of the Iraq war, a disastrous war fought on false pretenses. "So did our political elite and our news media learn from this experience? It sure doesn’t look like it," Paul Krugman writes in the New York Times . The real trick of... More »

Raising the Minimum Wage Will Hurt the Poor

The Wall Street Journal takes issue with Obama's proposal, but it's a popular one

(Newser) - President Obama's State of the Union call to raise the minimum wage to $9 will ironically hurt his core supporters: young people and minorities, the Wall Street Journal argues in an editorial. "Setting a floor under the price of labor creates winners and losers," the editors argue.... More »

'Zombie' Economics Have Eaten Rubio's Brains

Paul Krugman thinks Republicans need to stop peddling discredited ideas

(Newser) - Marco Rubio is undoubtedly a rising political star—heck, TIME anointed him the "Republican Savior" on a recent cover. "What we learned Tuesday, however, was that zombie economic ideas have eaten his brain," writes Paul Krugman in the New York Times . A "zombie idea" is Krugman'... More »

Why We Need to 'Kick That Can'

Paul Krugman: US debt problems are long-term; fixing now would be 'destructive'

(Newser) - Paul Krugman appears exasperated with John Boehner's exasperation. On Wednesday, the speaker of the House discussed his determination to tackle the deficit, saying, “I’ve watched them kick this can down the road for 22 years since I’ve been here. I’ve had enough of it. It’... More »

Stewart to Krugman: $1T Coin Makes Me Look Bad?

Host hits back at ticked-off economist

(Newser) - Jon Stewart last week swiped at Paul Krugman's $1 trillion coin idea , eliciting a somewhat thin-skinned response from the economist, who told ABC News that "Obviously neither he nor his staff did even five minutes of looking at the financial blogs" and blasted Stewart for "ruining his... More »

Hurry, Mint That Platinum Coin

Paul Krugman: It's kind of a joke, but so is the current predicament

(Newser) - Despite facing plenty of blowback from wags, wonks, and politicos over the past week—such as Ezra Klein in the Washington Post —Paul Krugman is continuing his push for the $1 trillion platinum coin option to bypass the looming debt ceiling debate. ( Here's a summary of how... More »

Quick Debt Ceiling Fix: $1T Coin

Or, Obama could just raise limit himself

(Newser) - Think the whole debt-ceiling debate is silly? Paul Krugman does, too, and he's been pushing an admittedly "silly" way out of it. A legal loophole intended for making commemorative coins, he writes in the New York Times , could come in handy: Thanks to the rule, the US Treasury... More »

Cliff Deal Could Be 'Pyrrhic Victory' for Left

Krugman: Obama can't back down in the battles ahead

(Newser) - Democrats arguably won a "tactical victory" with the zero-hour fiscal cliff tax compromise, Paul Krugman writes in the New York Times . The deal, after all, reduced income inequality, extended unemployment and some other progressive policies, and, best of all, didn't cut entitlements, which "was by no means... More »

Robots Are Taking Our Jobs

Paul Krugman and the Financial Times discuss the impact of technology on labor

(Newser) - Corporate profits are soaring in the US, yet the economy is depressed. Why? Because capital is doing fine at the expense of labor, Paul Krugman observes in today's New York Times . Yes, that sounds like "an old-fashioned, almost Marxist sort of discussion," but it's the reality... More »

Our Class War Rages On

Super-rich are just being more stealthy about it after election: Paul Krugman

(Newser) - The election is over, but that doesn't mean the class war between the super-rich and the not-rich is at an end. Having lost at the ballot box, now the plutocracy is trying to use "stealth" to get its way, using the cover of bipartisan, "sensible responses to... More »

Forget the 'Grand Bargain'

Paul Krugman doesn't think it's time for Obama to give in to GOP blackmail

(Newser) - Republicans still hold the House (even though Democrats appear to have gotten more votes in this election), so everyone is now wondering how far the triumphant President Obama should go to placate them and avoid the fiscal cliff. "My answer is, not far at all," writes Paul Krugman... More »

Could the New iPhone Save Our Economy?

Report says yes, if 8M are sold

(Newser) - The iPhone 5 may be more than just the latest gadget: It could be the savior of the US economy. Sales of the device could increase fourth-quarter economic growth by half a percentage point, according to a JPMorgan report. If the phones sell for $600 each, with $200 worth of... More »

Dear Fellow Economists, Stop Playing Politics

Laurence Kotlikoff: Those who take sides demean the profession

(Newser) - Boston University economist Laurence Kotlikoff takes note that 500 of his colleagues have signed a statement supporting Mitt Romney's policies and castigating Barack Obama's. All 500 "owe our profession a sincere apology," he writes at Bloomberg View . But this isn't a partisan rant, it's... More »

Newsweek's Anti-Obama Cover Story Draws Howls

Niall Ferguson piece dubbed misleading by Paul Krugman, others

(Newser) - Newsweek has found itself at the center of controversy again, this time with a cover story titled "Hit the Road, Barack," in which economist (and McCain 2008 adviser) Niall Ferguson picks apart the Obama presidency. Ferguson accuses the president of breaking campaign promises, boosting the deficit, letting the... More »

Ryan's Plan Is a Deficit-Hiking 'Con Game'

Paul Krugman: He's 'style over substance'

(Newser) - Paul Ryan is a media darling: Pundits can't stop praising his "seriousness." But the truth is that "Ryanomics is and always has been a con game," scoffs Paul Krugman in the New York Times . Ryan claims to be a deficit-slasher, but let's crunch the... More »

WSJ: My, What a Smart Pick

Journal calls Ryan pick 'serious'; Krugman says 'dishonest'

(Newser) - Last week, the Wall Street Journal called on Mitt Romney to pick Paul Ryan for his vice presidential runningmate. Now who's crowing about the pick? Why, the Wall Street Journal . The Journal isn't taking credit for the pick, but its editors do view it as a sign of... More »

Why Romney's Finances Are Fair Game

Paul Krugman tells Beltway naysayers to 'get real'

(Newser) - Some Washingtonians are decrying President Obama's attacks on Mitt Romney's personal history—be it his tax returns , or his murky Bain exit . Why, they ask, can't we just discuss policy? "The short answer is, get real," Paul Krugman writes in the New York Times . "... More »

Mitt's Not the Man His Father Was

Paul Krugman: Elder Romney released 12 years of tax returns

(Newser) - If only Mitt Romney had followed in his father's footsteps a little more closely. Sure, they both became wealthy businessmen—but while George's auto-industry success was a boon for American jobs, Mitt's work at Bain Capital appears to have left many workers struggling. Yes, both ran for... More »

Markets Rise, Euro Up After Greek Elections

But investors still fretting about eurozone

(Newser) - Financial markets around Asia seem to be breathing easier after Greece's pro-bailout coalition narrowly won yesterday's election , reports the Wall Street Journal . The euro was up to $1.2714 from its $1.2640 close on Friday, with Tokyo's Nikkei up 1.8%, Hong Kong's Hang Seng... More »

Stories 1 - 20 |  Next >>
NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   BuzzFeed   |   Cracked   |   Timelines   |   POPSUGAR Tech   |   Business Insider   |   HuffPost Entertainment   |   NewsOne