How (not) to pay for building back better07 Mar 2021 • 5 min read • 29 7Are we there yet? Are we there yet? Yes! The Covid relief bill has passed the Senate. It falls short of progressives’ fullest hopes — no minimum wage hike, unemployment benefits at $300/week rather th...
The macro equivalent of war?27 Feb 2021 • 4 min read • 26 25This ain’t no party, this ain’t no disco History is the great laboratory of economics, certainly of macroeconomics. I love to talk about miniature economies that illustrate macroeconomic principles, l...
Cooling it on overheating21 Feb 2021 • 5 min read • 29 17As recent economic controversies go, the debate over whether the Democratic rescue plan is too big is like a vacation in Cancun, I mean Camelot — a break from the zombie wars that dominate most policy...
Nonstimulus arithmetic09 Feb 2021 • 7 min read • 30 14Back in January 2009 I posted an entry to my blog titled “Stimulus arithmetic” that worked through the math of the looming output gap and what we knew about the Obama stimulus. I warned that the stimu...
Stagflation revisited05 Feb 2021 • 7 min read • 86 82Hello, world. I’m back. OK, I never went away. You can read me at the New York Times and on Twitter, and you might think I don’t need another outlet. But I’ve been feeling for a while that I needed to...
Notes on economics and more03 Feb 2021 • < 1 min read • 11 0Welcome to Krugman wonks out by me, Paul Krugman. Professor, CUNY Grad Center and columnist, NY Times Sign up now so you don’t miss the first issue. Subscribe now In the meantime, tell your friends!
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