Paul Krugman

The tale of three money pits

This is a tale of three money pits. It is also a tale of monetary regress — of the strange determination of many people to turn the clock back on centuries of progress.

The world’s hot money blues

The world’s hot money blues

Whatever the final outcome in the Cyprus crisis — we know it is going to be ugly; we just do not know exactly what form the ugliness will take — one thing seems certain: For the...

What if Abenomics works?

For three years, economic policy throughout the advanced world has been paralysed, despite high unemployment, by a dismal orthodoxy.