Note: To those who think that keeping quiet about bad news and gloomy forecasts will help the economy recover, or that talking about them is unpatriotic, please read this.You probably heard that Nicu Harajchi – CEO of N1 Asset Management – told CNBC on…
Posts Tagged ‘Paul Krugman’
Krugman: Collapse in Trade Worse than the Great Depression
October 8th, 2009 |
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Paul Krugman told the New York Times:“When it comes to international trade, actually it’s not the Great Depression, it’s worse,†he said, presenting charts showing the decline in global trade activity falling much more steeply in the current do…
Stiglitz: “Deflation is Definitely a Threat Right Now”
October 2nd, 2009 |
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On September 22, I wrote a lengthy summary of arguments for deflation. 5 weeks later, there’s a lot to add.Nobel prize winning economist Joseph Stiglitz says:Deflation is definitely a threat right now.Alan Greenspan said on September 30th: We are sti…
Top Economists Say We Must Break Up the Insolvent Banks (Government Says Let’s Make Them Bigger)
September 11th, 2009 |
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The following top economists and financial experts believe that the economy cannot recover unless the big, insolvent banks are broken up in an orderly fashion:Nobel prize-winning economist, Joseph StiglitzNobel prize-winning economist, Ed Prescott De…
Krugman: Most Economists, Including Nobel-Prize Winners, Are Idiots or Fools
September 6th, 2009 |
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Paul Krugman, in attempting to defend Keynesian doctrine, calls most modern economists idiots or fools, including a slew of recent Nobel prize winners:It’s hard to believe now, but not long ago economists were congratulating themselves over the succe…
Trying to Inflate Our Way Out of Debt Is Like a Monkey Trying To Outrun a Lion
August 28th, 2009 |
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Commonly-accepted wisdom says that we can inflate our way out of our debt crisis.Ben Bernanke and Paul Krugman apparently think we should force inflation on the economy. University of Oregon economics professor Tim Duy thinks the U.S. will ultimately…
“There’s a Growing Sense Among Progressives [and Conservatives] That They Have Been Punkedâ€
August 21st, 2009 |
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Paul Krugman wrote in the New York Times yesterday:I don’t know if administration officials realize just how much damage they’ve done themselves with their kid-gloves treatment of the financial industry, just how badly the spectacle of government s…
No Wonder the Poker Game is Ending: The Wealthiest Have Taken All of the Chips
August 14th, 2009 |
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A new report by University of California, Berkeley economics professor Emmanuel Saez concludes that income inequality in the United States is at an all-time high, surpassing even levels seen during the Great Depression.The report shows that:Income ineq…
Paula Crossfield: Healthcare and Food Policy: Part of the Same Conversation
July 27th, 2009 |
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As President Obama ratchets up the pressure this week on Congress to vote on healthcare reform before the summer recess, it must be noted that…
Huff TV: Arianna Joins “This Week” Roundtable To Discuss Obama, Gates Controversy (VIDEO)
July 26th, 2009 |
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Arianna joined the roundtable on ABC News’ “This Week”, along with Paul Krugman, George Will, David Brooks and Donna Brazile, to discuss the politics of…
Newsweek: The Recession Is Over! But Not for You
July 26th, 2009 |
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Irrational exuberance, it’s not. But even stagnation would be an improvement over recent history. 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 …
Rob Shapiro: Solving the Problem with Jobs and Wages
July 23rd, 2009 |
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The way to ensure the next expansion will create jobs is to make medical cost containment the center of health care reform the development and broad use of alternative fuels the center of energy policy.
Harry Moroz: Realigning The Third Wheel
July 22nd, 2009 |
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Federalism, the most disputed aspect of American governance, is once again under the microscope. In this week’s New Yorker, James Surowiecki calls our fifty states…
Krugman: White House Excluding “Progressive-Economist Wing”
July 19th, 2009 |
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Newsweek’s Michael Hirsch profiled Joseph Stiglitz for next week’s magazine, asking why a world-renowned economist who predicted the financial crisis has been left out of the administration.
[W]hile he may be a Nobel laureate, in Washington h…
Mike Lux: A Simple Test
July 18th, 2009 |
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I have always had a simple test for any public policy: who does it benefit the most, and who does it benefit first? If the…