Articles by Paul Krugman, Nobel Economics laureate
We found 10 results.
Ending Greece’s Bleeding
Paul Krugman, Nobel Economics Laureate – The New York Times,
13 Jul 2015
The campaign of bullying — the attempt to terrify Greeks by cutting off bank financing and threatening general chaos, all with the almost open goal of pushing the current leftist government out of office — was a shameful moment in a Europe that claims to believe in democratic principles.
→ read full articleBreaking Greece
Paul Krugman, Nobel Economics Laureate – The New York Times,
29 Jun 2015
25 Jun 2015 – I’ve been staying fairly quiet on Greece, not wanting to shout Grexit in a crowded theater. But given reports from the negotiations in Brussels, something must be said — namely, what do the creditors, and in particular the IMF, think they’re doing? At this point it’s time to stop talking about “Graccident”; if Grexit happens it will be because the creditors, or at least the IMF, wanted it to happen.
→ read full articleThat 1914 Feeling
Paul Krugman, Nobel Economics Laureate – The New York Times,
8 Jun 2015
A forced Greek exit from the euro would create huge economic and political risks, yet Europe seems to be sleepwalking toward that outcome. The allusion to Christopher Clark’s recent magisterial book on the origins of World War I, “The Sleepwalkers,” is deliberate.
→ read full articleWeimar on the Aegean
Paul Krugman, Nobel Economics Laureate - The New York Times,
23 Feb 2015
You can argue that Greece brought its problems on itself, although it had a lot of help from irresponsible lenders. The simple fact is that Greece cannot pay its debts in full. Austerity has devastated its economy as thoroughly as military defeat devastated Germany — real Greek G.D.P. per capita fell 26 percent from 2007 to 2013, compared with a German decline of 29 percent from 1913 to 1919.
→ read full articleAthenae Delenda Est
Paul Krugman, Nobel Economics Laureate – TRANSCEND Media Service,
23 Feb 2015
Rather than give any ground, they prefer to see Greece forced into default and probably out of the euro, with the presumed economic wreckage as an object lesson to anyone else thinking of asking for relief. That is, they’re setting out to impose the economic equivalent of the “Carthaginian peace” France sought to impose on Germany after World War I. The lack of wisdom is astonishing and appalling.
→ read full articleEnding Greece’s Nightmare
Paul Krugman, Nobel Economics Laureate – The New York Times,
2 Feb 2015
So now that Mr. Tsipras (Syriza) has won, and won big, European officials would be well advised to skip the lectures calling on him to act responsibly and to go along with their program. The fact is that the Troika have no credibility; the program they imposed on Greece never made sense. It had no chance of working. What actually transpired was an economic and human nightmare.
→ read full articleThe Fall of France
Paul Krugman, Nobel Economics Laureate – The New York Times,
1 Sep 2014
It’s a remarkable spectacle. France isn’t Greece; it isn’t even Italy. But it is letting itself be bullied as if it were a basket case.
→ read full articleLoading the Climate Dice
Paul Krugman, Nobel Economics Laureate – The New York Times,
30 Jul 2012
Climate change denial is a major industry, lavishly financed by Exxon, the Koch brothers and others with a financial stake in the continued burning of fossil fuels.
→ read full articleAnother Bank Bailout
Paul Krugman, Nobel Economics Laureate – International Herald Tribune-NYT,
18 Jun 2012
Oh, wow — another bank bailout, this time in Spain. Who could have predicted that? The answer, of course, is everybody. In fact, the whole story is starting to feel like a comedy routine: yet again the economy slides, unemployment soars, banks get into trouble, governments rush to the rescue — but somehow it’s only the banks that get rescued, not the unemployed.
→ read full articlePain Without Gain
Paul Krugman, Nobel Economics laureate – The New York Times,
27 Feb 2012
Last week the European Commission confirmed what everyone suspected: the economies it surveys are shrinking, not growing. It’s not an official recession yet, but the only real question is how deep the downturn will be. Look, I understand why influential people are reluctant to admit that policy ideas they thought reflected deep wisdom actually amounted to utter, destructive folly. But it’s time to put delusional beliefs about the virtues of austerity in a depressed economy behind us.
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