Paul Krugman

Source: www.moreover.com --- 38 days ago
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Source: www.huffingtonpost.com --- 33 days ago
Speaking at an early afternoon panel at Netroots Nation in Austin, Texas, today, Paul Krugman predicted, with seeming confidence, an Obama victory in November --but added that "within three months of taking office, no, less than three months" the media would be out to get him, remniscent of the high point of anti-Bill Clinton bashing. Krugman was responding to a questioner who had stated that the media was "in the pocket" of the "government." Krugman pointed out that this was hardly the case when Clinton was in the White House and would be proven again when Obama took over. "Get ready for it," he warned. He pointed out that this was not necessarily the case when a Republican came to power. In fact, much of his presentation was based on the lack of "symmetry" in how the media goes after Democrats and Republicans. Look at the most recent example of "outrage" over Nancy Pelosi saying that President Bush had totally failed, he said. Would the media, he asked, have batted an eye if a conservative had said the same of a Democratic president? Krugman also said that there were relatively few prominent academic liberals such as himself because the liberal think tanks only get a fraction of the money that goes to the conservative ones. "There are more rightwing billionaires," he declared. Other panelists included Duncan Black of the Eschaton blog and Rick Pearlstein, author of "NIxonland," along with the blogger known as "Digby." They all ...

Source: www.iht.com --- 5 days ago
The conflict in the Caucasus may be an omen. Will nationalism kill globalization - again? ...

Source: www.iht.com --- 2 days ago
When it comes to the economy, Barack Obama's campaign seems oddly lethargic. ...

Source: www.iht.com --- 16 days ago
Even a slow-motion economic crisis can do a lot of damage if it goes on for a year and counting. ...

Source: www.iht.com --- 12 days ago
Know-nothingism - the insistence that there are simple answers to every problem - has become the core of Republican party policy. ...

Source: www.iht.com --- 9 days ago
The history of the pursuit of universal health care in America is one of missed chances. ...

Source: www.iht.com --- 5 days ago
The conflict in the Caucasus may be an omen. Will nationalism kill globalization - again? ...

Source: www.iht.com --- 23 days ago
The housing bill that passed in U.S. Congress is another attempt to fix the financial system without resolving its underlying flaws. ...

Source: www.dallasnews.com --- 21 days ago
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Source: www.sacbee.com --- 44 days ago
By huge margins, Americans think the economy is in lousy shape – and they blame President Bush. This fact, more than anything else, makes it hard to see how the Democrats can lose this election. ...

Source: www.sacbee.com --- 1 day ago
By rights, John McCain should get hammered on economics. ...

Source: www.sacbee.com --- 36 days ago
And now we've reached the next stage of our seemingly never-ending financial crisis. This time Fannie Mae and Freddie Mac are in the headlines, with dire warnings of imminent collapse. How worried should we be? ...

Source: www.azstarnet.com --- 37 days ago
And now we've reached the next stage of our seemingly never-ending financial crisis. This time Fannie Mae and Freddie Mac are in the headlines, with dire warnings of imminent collapse. How worried should we be? ...

Source: www.azstarnet.com --- 16 days ago
A year ago, as the outlines of the current financial crisis were just becoming clear, I suggested that this crisis, unlike a superficially similar crisis in 1998, wouldn't end quickly. ...

Source: matthewyglesias.theatlantic.com --- 41 days ago
AirTran got ahold of my email address somehow or other over the years and sends me occasional doses of spam. Normally, it's to promote some deal or something. But now they're giving me rants against the evils of oil speculators: Speculators buy up large amounts of oil and then sell it to each other again and again. A barrel of oil may trade 20-plus times before it is delivered and used; the price goes up with each trade and consumers pick up the final tab. Some market experts estimate that current prices reflect as much as $30 to $60 per barrel in unnecessary speculative costs. Over seventy years ago, Congress established regulations to control excessive, largely unchecked market speculation and manipulation. However, over the past two decades, these regulatory limits have been weakened or removed. We believe that restoring and enforcing these limits, along with several other modest measures, will provide more disclosure, transparency and sound market oversight. Together, these reforms will help cool the over-heated oil market and permit the economy to prosper. I've found the arguments of Paul Krugman and other skeptics of the "blame the speculators" story pretty convincing. But if I were an airline, I would badly want it to be true. ...

Source: buzzflash.net --- 47 days ago
The latest fake scandal fit the usual pattern as an awkwardly phrased remark, lifted out of context and willfully misinterpreted, exploded across the airwaves. What General Clark actually said was that Mr. McCain’s war service, though heroic, didn’t necessarily constitute a qualification for the presidency. It was a blunt but truthful remark, and not at all outrageous — especially given the fact that General Clark is himself a bona fide war hero. Yet the Clark affair did reveal something important — not about General Clark, but about Mr. McCain. Now we know what a McCain administration would represent: namely, a third term for Karl Rove.   »  original news ...

Source: www.kansas.com --- 2 hours ago
B y rights, John McCain should be getting hammered on economics. After all, McCain proposes continuing the policies of a president who's had a truly dismal economic record -- job growth under the current administration has been the slowest in 60 years, even slower than job growth under the first President Bush. And the public blames the White House, giving Bush spectacularly low ratings on his handling of the economy. Meanwhile, according to associates, McCain still "dials up" Phil Gramm, the former senator who resigned as co-chairman of the campaign after calling America a "nation of whiners" and dismissing the country's economic woes as nothing more than a "mental recession." And Gramm is still considered a top pick for Treasury secretary. So McCain would seem to offer a target a mile wide: a die-hard supporter of failed economic policies who takes his advice from people completely out of touch with the lives of working Americans. But while polls continue to show that the public, by a large margin, trusts Democrats more than Republicans to handle the economy, recent polling shows that Barack Obama has at best a small edge over McCain on the issue -- 4 percentage points in a recent Time magazine poll, and he is 1 point behind according to Rasmussen Reports, which does automated polling. And Obama's failure to achieve a decisive edge on economic policy is central to his failure to open up a big lead in overall polling. Why isn't ...

Source: www.acidplanet.com --- 19 hours ago
MONDAY, JANUARY 07, 2008: In December 2005 Dr. Paul Krugman, listed as one of “World’s Top 100 Public Intellectuals,” was interviewed by Dr. James Reese. Topics covered include his new economics textbook, the US federal budget situation, and the economic costs/ benefits of the Iraq war. Paul Krugman is Professor of Economics at Princeton University, where he regularly teaches the principles course. He received his BA from Yale and his PhD from MIT. Prior to his current position, he taught at Yale, Stanford, and MIT. He is the Centenary Professor at the London School of Economics. He also spent a year on the staff of the Council of Economic Advisers in 1982—1983. His research is mainly in the area of international trade, where he is one of the founders of the “new trade theory,” which focuses on increasing returns and imperfect competition. He also works in international finance, with a concentration in currency crises. In 1991, Krugman received the American Economic Association’s John Bates Clark medal. In addition to his teaching and academic research, Krugman writes extensively for nontechnical audiences. Krugman is a regular op-ed columnist for the New York Times. His latest trade best-seller is The Great Unraveling: Losing Our Way in the New Century. His earlier books, Peddling Prosperity and The Age of Diminished Expectations, have become modern classics. (24min 12sec) Copyright 2005, 2008 Radio Economics® www.RadioEconomics.com ( ...

Source: online.indianagazette.com --- 35 days ago
And now we've reached the next stage of our seemingly never-ending financial crisis. This time Fannie Mae and Freddie Mac... ...