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New York Times (NYT) columnist and Nobel Prize-winning economist Paul Krugman says when economists and historians try to discern the causes of the global financial crisis, they'll have to look to ...
This problem returned to prominence with Japan's experience during the 1990s and more recently with the American subprime crisis. Paul Krugman, Michael Woodford, [6] and Milton Friedman argued that a zero nominal interest rate presents no problem for monetary policy, as a central bank can increase the monetary base only if it continues buying ...
Paul Robin Krugman (/ ˈ k r ʊ ɡ m ə n / ⓘ KRUUG-mən; [4] [5] born February 28, 1953) [6] is an American New Keynesian economist who is the Distinguished Professor of Economics at the Graduate Center of the City University of New York. He was a columnist for The New York Times from 2000 to 2024. [7]
An undervalued currency causes serious problems and raises international criticism. Prominent economists including World Trade Organization (WTO) Director-General Pascal Lamy, [13] U.S. Federal Reserve Chairman Ben Bernanke, [14] Nobel Laureate Paul Krugman, [15] Director of the Peterson Institute for International Economics Fred Bergsten, [16] and Cornell University Professor Eswar Prasad [17 ...
Princeton professor Paul Krugman won the Nobel prize last year for his work in global trade theory. But thanks to his work as a New York Times columnist, he is getting far more attention for his ...
Ballooning U.S. debt has stirred growing alarm on Wall Street, but economist Paul Krugman isn't worried and said you shouldn't be either. In a New York Times op-ed on Thursday, the Nobel laureate ...
Krugman highlights the importance of identifying bubbles and isolates similarities between the onset of the GFC, The Great Depression, Japan's lost decade and the Asian financial crisis. He thoroughly analyses the symptoms leading to the GFC including US liquidity, disruption of capital flows and a bursting real-estate bubble that deflated in ...
But Krugman noted Trump's policy proposals, which include steep tariffs on China, "are pretty seriously inflationary," which the Fed would be forced to fight against.