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Paul Krugman

None of this has been hard to see. Here's @paulkrugman from July 2016: The Siberian Candidate…
Retweeted by Paul Krugman
TRUMP: "I'm very popular in Britain." The 250,000 people at the anti-Trump protest in London, right now:
Retweeted by Paul Krugman
What you get in that case is the following table; world trade falls about 50%, a bit less than I said in the original analysis. But the basic story remains the same
Related: We have a health care price problem, but it's really a PRIVATE health care price problem. Medicare and Medicaid hospital prices have essentially not grown at all in real terms over the last two decades. @paulkrugman…
Retweeted by Paul Krugman
True, I wouldn't be totally happy to give up my gold-plated NYT coverage in favor of Medicaid. But given the realities of life for many people: 2/
And people say Bitcoin has yet to find any real-world uses…
What does Trump want from China? He won't say. The Chinese are supposed to figure it out and make him happy ...…
Leaving the insults to his host and the naked racism aside, what kind of trade deal did Trump (and Brexiteers) imagine the US might offer? Our average tariff on manufactured goods is only 2 percent… 1/
Much the same was true for the US. For example, at a time of ultra-low interests rates and desperately needed infrastructure, we slashed public investment. Public construction spending as percent of GDP: 2/
I'm not big on "what Keynes said", since Keynesianism is a living body of thought, not worship of the old master. Still, he did call for fiscal austerity in boom times 3/…
In Indonesia's case, a collapse of confidence led to a self-reinforcing currency plunge… 3/
A very nice paper by two of my favorite macroeconomists… But while I agree wholeheartedly with their emphasis on natural experiments, their hope that this can depoliticize macroeconomics seems a bit naive 1/
Heartbreaking news: The ship carrying soybeans that was racing to China in an attempt to beat the tariff implementation didn't make it on time.…
Retweeted by Paul Krugman
If a digital currency isn't actually used for any transactions, is it, you know, actually a currency?…
The EU is making the stakes clear: it's not a run-of-the-mill dispute, it's about whether America abides by the rules.
I suppose we should start trying to get ahead of the next GDP report, which most "nowcasting" estimates say will show good growth -- maybe more than 4. This will lead to a lot of stupid commentary; so let's get this chart out there 1/
Here's the (literally) money chart, where you can see the effects of the 2017 tax cut 2/
This might work: China is a much bigger trading partner for its neighbors than we are. For example, 2 1/2 times as important for South Korea 2/
As always, facts have a well-known anti-Trump bias.Below, revenue as % of GDP, falling off a cliff. Is the administration's top economic official ignorant or lying? Does it matter? 2/
This is where the formal surrender documents will be signed.
Retweeted by Paul Krugman
With everything else going on, this is a small peeve. But I wish reporters would stop saying that the U.S. trade deficit has a lot to do with the special role of the dollar. We're not the only country that runs persistent deficits; here's a comparison 1/
The Texas Monthly had a statewide survey a few years back 2/…
PS: a somewhat blurry version of the "banana box" that appeared in many editions of Krugman/Obstfeld/Melitz 4
So @ChadBown and colleagues have analyzed the composition of good subject to the new anti-China tariffs… Um ... 2/
Does someone feed Trump false info about crime here and abroad? Is it just what he assumes must be happening, because dark-skinned people? Or is it a lie he knows his base will accept?…
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