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Paul Robin Krugman (/ ˈ k r ʊ ɡ m ə n / ⓘ KRUUG-mən; [4] [5] born February 28, 1953) [6] is an American economist who is the Distinguished Professor of Economics at the Graduate Center of the City University of New York. He wrote as a columnist for The New York Times from 2000 to 2024. [7]
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 ...
Economist Paul Krugman has argued that Japan's lost decades are an example of a liquidity trap (a situation in which monetary policy is unable to lower nominal interest rates because it is already close to zero). He explained how truly massive the asset bubble was in Japan by 1990, with a tripling of land and stock market prices during the ...
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 ...
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.
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 ...
This problem returned to prominence with the Japan's experience during the 1990s and more recently with the American subprime crisis. Paul Krugman, Michael Woodford, [5] 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 ...
Be it resolved, the 21st century will belong to China... Niall Ferguson and David Daokui Li: Henry Kissinger and Fareed Zakaria: Con 22% Roy Thomson Hall: Nov 14, 2011 Be it resolved, North America faces a Japan-style era of high unemployment and slow growth... Paul Krugman and David Rosenberg Lawrence Summers and Ian Bremmer: Con 19% Roy ...