Does Adding Government Debt Stimulate the Economy?
Sorry, but Europe's experience suggests more government spending is not the solution.
Several recent elections in Europe were seen as a referendum on fiscal austerity (and fiscal discipline) and their results were presented as a mood shift in favor of more government spending and economic stimulus.
Krugman, Paul Clash on Policy, Inflation, Role of Fed
Sparks flew when Paul Krugman and Rep. Ron Paul faced off on Bloomberg TV's "Street Smart" Monday afternoon.
The Warren Effect
Elizabeth Warren presents a conundrum for Wall Street. She is a forceful, well-prepared critic of the financial industry.
Martin Luther King’s Economic Priorities
If Martin Luther King were alive today, what would he have to say about today’s dominant issue–the weak economy?
Does Keynes Offer Solutions for Today?
Readers are invited to weigh in on the controversy over the validity of John Maynard Keynes’ economic theory–so poignant today because we are living in the worst economic times since the Great Depression, to which Keynesian economics was a response.
Battle of Keynesians: Krugman Debates Summers on America’s Lost Decade
Has America entered an era of persistent economic weakness like the two decades of stagnation Japan has faced since the collapse of its bubble economy in 1991?
Occupy Wall Street Turns One Month Old, Goes Global
President Obama has spoken sympathetically of the leaderless protest movement, Republican candidates have criticized it, Paul Krugman speaks of the group's positive potential while rioters in Rome attest to its destructive potential...
Does China Currency Manipulation Hurt Us or Them?: News Analysis
As the largest foreign holder of U.S. government debt, China has made a killing on its portfolio of U.S. bonds, but it could have done a lot better if its broker had not manipulated the exchange rate on its transactions.
JPMorgan’s Dimon Blasts Banking Rules, Krugman Blasts Dimon
JPMorgan Chase CEO Jamie Dimon called Basel III capital rules “blatantly anti-American” and suggested the U.S. should consider withdrawing from the group. Times Columnist Paul Krugman then took a shot at Dimon.