* The dismal Nobel Oct 12, 2009
The award last year to Paul Krugman may also have indicated some bowing to changing times. So far, no woman has got the economics Nobel. (Taipei Times, Taiwan -- World)
Free swim Sunday Oct 12, 2009
Following the awards to Al Gore and Paul Krugman over the past two years, the surprising announcement that President Obama captured the Nobel Peace Prize unsurprisingly produced popping veins and burst blood vessels across right-wingistan. Sadly for Republicans and their amen corner, the Nobels are humanitarian awards which generally recognize contributions to, well, humanity. (Atlanta Journal-Constitution -- Opinion)
Liberal Health Care Ideas: DOA Oct 10, 2009
Were looking at the possibility of universal health care by about 2010, New York Times columnist and economics professor Paul Krugman announced on the TV show Democracy Now. two years ago. (Townhall.com)
Double or quits Oct 6, 2009
Sure enough, my idea of the perfectly moronic Keynesian, Paul Krugman, immediately obliged with the following article in the New York Times, on October 2, the same day that the US jobless reports were released (perhaps the professor was given advance warning). A new report from the International Monetary Fund shows that the kind of recession we've had. (Asia Times Online)
The Second City Becomes Fourth City Oct 6, 2009
New York Times columnist Paul Krugman, for example, has discovered "the politics of spite" -- and not after looking in the mirror. After eight years of watching some on the left root for defeat in Iraq and snicker at every international slight against Bush, I must admit it is rather special that the left has discovered patriotism -- to such an extent that there now is a duty to root for Chicago to host the Games. (Townhall.com)
Carolus faces tough choices at bidirectional SAA Oct 6, 2009
Also full of gloom is Nobel prize-winning economist Paul Krugman. Writing in the New York Times, he predicted US unemployment, which hit 9. (Business Report, South Africa)
Craft better ways to protectus capitalists from ourselves Oct 6, 2009
This commission would be composed of folks such as highly successful and respected investor and philanthropist Warren Buffet, chairman of the Economic Recovery Advisory Board Paul Volcker (also a former head of the Federal Reserve), and economics and political columnist and Nobel Prize-winner Paul Krugman. Briefly, I've come to the conclusion that the reason the markets crashed was quite simple: It was because of greed fostered by unfettered capitalism. (NJ.com -- Times)
Labor Department comes clean about fake jobs Oct 6, 2009
Paul Krugman, about Panglossian Finance and the "anti-Keynesian coun terrevolution." ... As an aside to the above topic, The New York Times Magazine a few weeks ago used thousands of words to explore "How Did Economists Get It So Wrong?" There's a lot of academic hokum in the piece, written by distinguished economist Paul Krugman, about Panglossian Finance and the "anti-Keynesian coun terrevolution.". (New York Post -- Business)
Gas-Mask Bra, Tequila Diamonds Among 2009 Ig Nobels Oct 3, 2009
During an onstage demonstration, those lucky men were Nobel laureates Paul Krugman, winner of the 2008 economics prize, and Wolfgang Ketterle, recipient of the 2001 prize in physics. Despite the levity, the invention stemmed from a very serious situation Bodnar's experiences as a young Ukrainian medical student helping victims of the. (National Geographic)
'A blog is like a huge chalkboard' Oct 2, 2009
Take Paul Krugman or Gregory Mankiw, economists at two ends of the spectrum. Their arguments are at a level of detail that average readers wont find interesting, but they do it anyway. (India Times)
How would the public option outcompete private enterprise? Sep 30, 2009
For example, listen to Paul Krugman. There is no doubt about what he wants from the public option. (Atlanta Journal-Constitution -- Opinion)
Mbeki blames Mboweni Sep 26, 2009
" Bernanke had said the financial industry "designed securities that combined many individual loans in complex, hard-to-understand ways". These new securities later proved to involve substantial risks, risks that neither the investors nor the firms that designed the securities adequately understood at the outset. Governors failed to understand the crisis "These statements by two central bank governors emphasise precisely the point that even they failed to understand what was happening in the... (iAfrica.com)
* THE LIBERTY TIMES EDITORIAL: An economic lie that will haunt us Sep 22, 2009
Nobel economics laureate Paul Krugman has said that reading Chinese economic growth data is like reading a science fiction novel, while Massachusetts Institute of Technology professor Lester Thurow has wondered if Chinese economic officials themselves have the faintest idea of the nations true growth figure. Cheng Xiaonong ({A), the deputy president of the Center for Modern China at Princeton University, has said that Chinas economy has very serious problems, but that the outside world... (Taipei Times, Taiwan -- World Business)
The Redemption of Keynes Sep 19, 2009
Nobel laureate Paul Krugman gives his take on why economists failed to see the current crisis coming. He chronicles the decline of Keynesianism, from Milton Friedman's monetarism through the missteps of Alan Greenspan: "As memories of the Depression faded, economists fell back in love with the old, idealized vision of an economy in which rational individuals interact in perfect markets, this time gussied up with fancy equations.". (BusinessWeek)
Politics of the financial crisis Sep 17, 2009
But by accepting the public recommendation of Nobel economics prizewinner Paul Krugman via the New York Times, the Treasury never actually used the appropriated funds to buy troubled assets, in part because it was simpler to invest money directly into the nation's banks and in part because banks were reluctant to sell their toxic loans at a loss. "The nation's banks continue to hold on their books billions of dollars in assets about whose proper valuation there is a dispute and that are very... (Asia Times Online)
Bloomberg in the lead Sep 16, 2009
According to the list, which was compiled by editors and data crunchers, the Top 10, starting from No. 1, are Paul Krugman, Rush Limbaugh, George Will, Thomas Friedman, David Brooks, Charles Krau thammer, Glenn Beck, Frank Rich, Andrew Sullivan and Karl Rove. The site is launching with sponsors Toyota and German software maker SAP.. (New York Post -- Business)
The Left Is Right -- Taxes Are a Moral Issue Sep 15, 2009
Left-wing spokesmen, such as New York Times economics columnist and Princeton University professor of economics Paul Krugman, may offer economic arguments for raising taxes in order to lower government deficits, but their real motivations are moral: reducing economic inequality (by redistributing income) and expanding government (because government is the most effective way to help all citizens). Now, as it happens, not only is there is nothing wrong with being animated by moral concerns -- we... (Townhall.com)
Why capitalism fails Sep 13, 2009
Earlier this year, two economic heavyweights - Paul Krugman and Brad DeLong - both tipped their hats to him in public forums. Indeed, the Nobel Prize-winning Krugman titled one of the Robbins lectures at the London School of Economics The Night They Re-read Minsky. (Boston Globe)
United States of Paranoia Sep 11, 2009
Right-wing extremism, wrote New York Times columnist Paul Krugman, is being systematically fed by the conservative media and political establishment. Yet one has to wonder if these crimes are the outcome of airwave suasion or the sick behavior of sick individuals. (The American Conservative)
From Huffington Post Sep 10, 2009
Paul Krugman, in , did his own autopsy of economics, asking "How Did Economists Get It So Wrong?" Krugman concludes that "[e]conomics, as a field, got in trouble because economists were seduced by the vision of a perfect, frictionless market system." ... -- not playing by the customs that they were accustomed to," Johnson says. And celebrity is no shield against Fed excommunication. Paul Krugman, in fact, has gotten rough treatment. "I've been blackballed from the Fed summer conference at... (Harper's Magazine)
How "ice-nine" caused the credit crunch Sep 10, 2009
In the blog post Paul Krugman offers up his version of what he wants President Obama to say in his highly-anticipated speech on health care Wednesday night. Krugman wants vision, passion, simplicity, and "real leadership.". (Salon)
The nations daddy speaks to children Sep 9, 2009
Paul Krugman is a classic example saying that the internet is a sewer full of misinformation. Just what we need, liberals in government controlling the internet like good little goose steppers of the left. (Atlanta Journal-Constitution -- Opinion)
Mr. President, ignore the polls and pass health care reform Sep 9, 2009
As New York Times columnist Paul Krugman, a Nobel laureate in economics, has written, Americans grew alarmed over budget deficits in the mid-1930s, as the Great Depression began to recede ... Also, I believe that Paul Krugman was an economic advisor for ENRON.. (Atlanta Journal-Constitution -- Opinion)
Conservatism's Exaggerated Death Sep 4, 2009
Still, it is amusing for Tanenhaus to denounce Kristol for having "debased" precious Times space by advancing a narrow political agenda given the daily diet of seething contempt for all things Republican and conservative served up by Tanenhaus's editorial-page colleagues at the Times, and by the paper's star op-ed columnists Frank Rich, Paul Krugman, Maureen Dowd, and Bob Herbert. Tanenhaus's partisan and polemical condemnation of conservative partisanship and polemics will drive away... (CBS News -- Opinion)
Soft number folly Sep 4, 2009
I usually get a nice laugh when I read anything by Paul Krugman, whom I regard as just an infamous Princeton academic leftist, a know-nothing neo-Keynesian econometric hack, and an economics columnist for the leftist newspaper NY Times whose writings are lapped up by an incompetent press even as he was incompetently lapping up everything that the disastrously incompetent Alan Greenspan (erstwhile chairman of the Federal Reserve whose deliberately obtuse monetary incompetence has destroyed the... (Asia Times Online)
Brooks s Barack Sep 2, 2009
These days, the center-right Brooks frequently seems more sympathetic toward Obama than the liberal Paul Krugman. 2009 The New Republic. (The American Conservative)
Obama's Right Mistake Sep 2, 2009
If commentators like Paul Krugman are to be believed, Obamas mistake is trying to do business with Republicans in the first place, and thus poorly serving his broad core constituency. I dont think either position is quite right. (Slate)
Media sheep facing truth-hungry Internet wolves Aug 31, 2009
True, fearless scrappers like my friend Joe Conason have always been around, and somebody like Paul Krugman a world-class economist who doesn t care what, say, MSNBC s Chris Matthews thinks of him can be very annoying. But what s really driving these jokers up the wall is economic and intellectual competition from the Internet: people with first-class minds and a passion for truth that some of them can barely remember. (Orangeburg Times and Democrat, SC)
P.S. On Hawking Aug 28, 2009
We used a bad example and corrected that, but it didn't stop the Internet Left and the likes of New York Times columnist Paul Krugman from suggesting Hawking's life proved the value of the U.K. system. Krugman devoted not one but two essays to this, calling the editorial "vile and stupid," and claiming IBD was "trying to frighten its readers." "We've all heard scare stories about how that works in practice; these stories are false," he wrote. (Investors Business Daily)
Reappointment of Bernanke: A politically correct decision Aug 27, 2009
Early this year, the Nobel-Prize winning economist and New York Times columnist Paul Krugman issued depression warnings. Bernanke admitted similar fears in interviews with David Wessel, economics editor of The Wall Street Journal and author of "In Fed We Trust." The fact that the global economy is no longer uncontrollably spiraling downward (for 2010, the Economist Intelligence Unit predicts growth of 2. (India Times)
GAME THE MEDIA: 'NOBODY IS LOOKING TO MAKE ANY NEWS' Aug 25, 2009
Obama family and Bo the dog on Martha's Vineyard - Lynn Sweet. The scoop from Washington. (The Drudge Report)
The role of boards in managing risks of firms Aug 21, 2009
What is perhaps more serious is that boards must remember that we seem never to learn from the mistakes of the past, and Wall Street does not seem to be learning from its recent near-death experience, to quote Paul Krugman. Credit crises are always caused by excessive availability of credit leading to speculation; bubbles followed by debt repudiation bringing down the whole house of cards, or in the words of Larry Summers: Money borrowed in excess and used badly. (The Star Online, Malaysia -- Business)
Hope vs. Fear Aug 18, 2009
Dave wrote on Aug 17, 2009 8:23 PM:" There's a good article on health care reform in today's (Monday, 8/17) New York Tiimes written by Nobel Prize winning economist Paul Krugman, if you have a few minutes. I can't post link in this text box, so you have to sign onto the Times yourself. ". to btw wrote on Aug 17, 2009 6:46 PM:" i guess one would have to READ marx in order to know, your statement is FALSE. ". (Montrose Daily Press, CO)
Why the Public Option Isn't Dispensable Aug 18, 2009
Paul Krugman, in an Aug. 17 New York Times column, to the reforms Switzerland instituted in 1994: "[E]veryone is required to buy insurance, insurers can't discriminate based on medical history or pre-existing conditions, and lower-income citizens get government help in paying for their policies." But there's a significant difference. In Switzerland, private insurers are required to provide basic health coverage on a nonprofit basis. (Slate)
On the death of the public option Aug 18, 2009
I agree with Paul Krugman that while the public option is not make or break, it does raise the bar for the rest of the bill. Until there is a bill, I think it's too early to attack it as insufficient. (Harper's Magazine)
Gingrich Predicts Anti-Liberal Eruption Aug 17, 2009
The Times Nobel Prize-winning calumniator, Paul Krugman, wrote that the Obamacare opponents are ;probably reacting less to what Mr. Obama is doing, or even to what they ve heard about what he s doing, than to who he is. (MSNBC talker Ed Schultz said he believes some opponents of Obamacare are psycho and want Obama to get shot. (Human Events Online)
Angry White Men Aug 14, 2009
Now Nobel prize-winner and New York Times pundit Paul Krugman writes in his "The Town Hall Mobs" column that, as did Richard Nixon's men, "cynical political operators are ... appealing to the racial fears of working-class whites.". Pulitzer prize-winning black columnist Cynthia Tucker says 45 percent to 65 percent of all vocal opponents of Obamacare are motivated by racial hostility to a black president. (Human Events Online)
I Thought 'Dissent Is Patriotic' Aug 11, 2009
To Speaker of the House Nancy Pelosi and to the New York Times Paul Krugman and every other left-wing commentator I have read on the issue, those who dissent against the Obama/Democratic Party health care plan are not only not patriotic; they are Nazis, mobs, white racists (according to Krugman's non-sequitur thesis) and are always organized. They are activists sent by health insurance companies, the Republican Party, or by some other nefarious right-wing organization. (Townhall.com)
Japan's central bank holds key interest rate Aug 11, 2009
Aggressive stimulus spending by governments helped the world avoid a second Great Depression but full economic recovery will take two years or more, Nobel Prize-winning economist Paul Krugman said Monday. Krugman said the worst of the global crisis was over with economic and exports growth showing signs of stabilization. (Fresno Bee -- Business)
Who is controlling whom? Aug 11, 2009
cross1242 wrote on Aug 10, 2009 12:26 AM:" Regarding Prof. Clayson's contention that another tax cut rather than stimulus spending would have been a better tool on our economic problems, there is a better-qualified contrary opinion in today's news.Paul Krugman, the Nobel Prize economist is quoted today as saying that the aggressive stimulus spending by governments helped the world avoid a second Great Depression.You can read about it at:... (Waterloo-Cedar Falls Courier)
Krugman says world avoided second Great Depression Aug 10, 2009
KUALA LUMPUR, Malaysia - Aggressive stimulus spending by governments helped the world avoid a second Great Depression but full economic recovery will take two years or more, Nobel Prize-winning economist Paul Krugman said Monday. Story tools. (Anchorage Daily News)
MICHAEL BARONE Aug 10, 2009
Relevant excerpt: "[H]e does not seem to care much about the details of policy. He subcontracted the stimulus package to congressional appropriators, the cap-and-trade legislation to Henry Waxman and Edward Markey, and his health care program to Max Baucus. The result is incoherent public policy: Indefensible pork barrel projects, a carbon emissions bill that doesn t limit carbon emissions from politically connected industries, and a health care program... Published: Jun 28, 2009 The House... (The Drudge Report)
Health Care Reform: How It Will Affect You Aug 8, 2009
I have also shared this idea with Robert Reich, Paul Krugman, NELP.ORG, the Sierra Club, Al Gore's office at Current TV, and Noah Kotch, producer for the Today show. I hope to ge a venue to challenge President Obama and state governments to embrace this simple but very doable paradigm shift. (CBS News)
Wages Of Hysteria Aug 8, 2009
Now Paul Krugman has managed to discern racial antagonism in the vocal, sometimes obnoxious opposition to Democratic health care legislation at town hall meetings. Krugman. (The American Conservative)
Impossible promises Aug 7, 2009
(Judging by what Paul Krugman writes, a Ph. D. may be an obstacle. (Paragould Daily Press, AR)
Bernake's War on the Great Panic Aug 7, 2009
Bernanke made himself an expert on the Great Depression and in 1996 became chair of economics at Princeton, where he recruited Paul Krugman. In 2002, Bush apped the soft-spoken scholar to work for the central bank; four years later he had replaced Fed Chairman Greenspan, often referred to as the world's most powerful man. (BusinessWeek)
Ark. crowd mocks lawmakers over Obama health plan Aug 6, 2009
PAUL KRUGMAN: Blue Dog nonsense on health reform. Right now the fate of health care reform seems to rest in the hands of relatively conservative Democrats -- mainly members of the Blue Dog Coalition, created in 1995. (Fresno Bee -- Nation)
Lack-Of-Progress Report: Obama At 6 Months Aug 6, 2009
g. Nobel prize winner Paul Krugman) think the stimulus wasn't nearly big enough. Since we'd never been faced with a comparable situation, no one could know for sure what the effects of any plan could be. (CBS News)
Did John McCain blink on Cash for Clunkers? Aug 5, 2009
" But if Explorer SUVs really are being replaced by Ford Focuses on the nation's highways, that has to be a sign of some progress. Andrew Leonard Monday, Aug. 3, 2009 06:43 PDT In a Friday night blog post Paul Krugman declared that launched by the economist Willem Buiter last week was "nuts. " Buiter, writing for the Financial Times, has long established himself as the most caustic voice in the econoblogosphere, but even by his own standards, his denunciation of Summers as the "arch-typical... (Salon)
LETTERS: NCT, August 5, 2009 Aug 5, 2009
"Note: Proband a family member through whom a family's medical history comes to light (www.ncbi.nlm.nih.gov/pubmed/18561014).John TerrellFallbrookMedia ignores H1N1 outbreak's causeRe: : Total H1N1 flu cases in California is 1,658. What is wrong with this? The media must be blind or they just do not care. In the same article, San Diego County's total H1N1 flu cases total 531. ...Any bets that Imperial County has the same or more ...? What a burden and terrible cost to the health care... (North County Times)
It doesn't worklike that Jul 29, 2009
A recent issue of The Economist magazine has a cover showing a book titled "Modern Economic Theory" melting into a puddle of what looks like chocolate-coated vanilla ice cream, and with the caption "Where it went wrong - and how the crisis is changing it," which refers to how nobody in their right mind trusts any egghead "economists" anymore, and even Paul Krugman, one of the worst of the worst of them, now admits that the last 30 years of macroeconomics as practiced by these econometric,... (Asia Times Online)
The Irrational Investor Jul 29, 2009
Nobel Prize-winning pundit Paul Krugman recently noted that the last 20 years of macroeconomics has been a complete waste of time. Thus, the new-found popularity of psychologically-based disciplines like behavioral economics. (Human Events Online)
The Recession Is Over Jul 28, 2009
The U.S. economy shrank at nearly a 6 percent annualized rate between September 2008 and March 2009, a shocking slowdown that pitched the global economy into recession for the first time since World War II. "This looks an awful lot like the beginning of a second Great Depression," Nobel laureate Paul Krugman said in January. Catastrophe may have been averted. (Slate)
Somebody Call Officer Crumb! Jul 25, 2009
Paul Krugman argued against. Janelle Nanos slammed the. (Slate)
Bernanke preps for hot seat on bailouts, recovery Jul 21, 2009
PAUL KRUGMAN: It's not time for business as usual. The debate over economic policy has taken a predictable yet ominous turn: The crisis seems to be easing, and a chorus of critics is already demanding that the Federal Reserve and the Obama administration abandon their rescue efforts. (Fresno Bee -- Business)
Goldman'sAtlas shrug Jul 21, 2009
Last week, I wrote about the sheer idiocy of the many pronouncements made by New York Times columnist Paul Krugman. A day after Goldman Sachs posted its bumper profits of US$3. (Asia Times Online)
Wonk Watch 7.17.09 Jul 18, 2009
Paul Krugman tests his readers' willingness to unpack macroeconomic jargon with a self-proclaimed "" post on fiscal policy. (Venture forth if you dare. (Slate)
Pushing Bubble Economy to Limit on ... Jul 17, 2009
In his New York Times column, The Big Inflation Scare, on May 28, 2009, Princeton University economist Paul Krugman wrote: Banks aren t lending out their extra reserves. They re just sitting on them in effect, they re sending the money right back to the Fed. (Suite101.com)
Keynes is not enough Jul 16, 2009
" Indeed, he was, as Skidelsky notes, "famously skeptical about econometrics," with numbers for him being "simply clues, triggers for the imagination", rather than the expressions of certainties or probabilities of past and future events. With their model of rational homo economicus in tatters and econometrics in disrepute, contemporary economists would do well to pay heed to Keynes' advice that if only "economists could manage to get themselves thought of as humble, competent people on a level... (Asia Times Online)
The Economics of Narcissism Jul 15, 2009
A quiet Midwesterner with a cranky pen, Lasch was the Paul Krugman of 1979an esoteric thinker whose political stance was informed by raw anger and disgust. Lasch may have used radical cultural concepts to inform his views, but he himself was deeply and personally conservative. (Slate)
Zelizer: Stimulus is too low, too slow Jul 15, 2009
"I'm not sure if the $800 billion stimulus plan is adequate to the problem," said Nobel Prize- winning Princeton economist Paul Krugman at Willamette University in January before the final deal had been reached. "We're facing one hell of a crisis and we'll need more than a Band-Aid . . . My guess is that the administration will be back later this year for a second round.". (CNN -- US)
Krugman best taken in reverse Jul 14, 2009
Leading acolyte who lags This article, though, isn't about Keynes or Keynesian economics, but about the increasingly silly pronouncements coming out of the columns of America's leading exponent of Keynesian economics, namely Paul Krugman of the New York Times ... In this new "Mad Max reality" it is the Keynesians who are the saviors, led by their cheerleader-in-chief, one Paul Krugman. (Asia Times Online)
The Overstimulated Left Jul 14, 2009
Paul Krugman of The New York Times leads the pack calling for yet another stimulus. He claims the $787-billion package was too small. (Human Events Online)
Michael Lewis tilts his lance at AIG Jul 8, 2009
As Paul Krugman never tires of telling us, Unemployment may be rising much faster than the administration predicted, but that does not mean everyone is shocked ... I'd like to see Paul Krugman address this scenario: If Obama had expended every bit of political capital he could muster getting a bigger stimulus bill passed, what then would be the prospects for healthcare reform or an energy bill. (Salon)
Obama's Disamerica Jul 6, 2009
According to Nobel Laureate economist Paul Krugman, we re now in a prolonged jobless economic recovery. Only in the mind of a Nobelist could the concepts of jobless and economic recovery be combined without creating an oxymoron. (Human Events Online)
