Paul Krugman

@pkrugman.bsky.social

310K followers 180 following 22K posts

Ex NY Times, now author of Substack Paul Krugman. Nobel laureate and, according to Donald Trump, "Deranged BUM"

Paul Robin Krugman 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. In 2008, Krugman was the sole winner of the Nobel Memorial Prize in Economic Sciences for his contributions to new trade theory and new economic geography. The Prize Committee cited Krugman's work explaining the patterns of international trade and the geographic distribution of economic activity, by examining the effects of economies of scale and of consumer preferences for diverse goods and services. .. more

Economics 82%

Political science 6%

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Paul Krugman @pkrugman.bsky.social · 9d

An experiment: A wonkish post that isn't emailed out to subscribers

paulkrugman.substack.com/p/a-wonkish-...

A Wonkish Note on Tariffs and Inflation

There isn’t really a puzzle here

paulkrugman.substack.com

Paul Krugman @pkrugman.bsky.social · 10d

Either way, you might have thought that people who assured us that Kevin Hassett was a good choice for CEA chair and Scott Bessent would be the adult in the room would hit pause before doing it again. But I guess not 4/

Paul Krugman @pkrugman.bsky.social · 10d

... and establishment types who are pretending that Warsh is a serious thinker. I don't know how much of this is instrumental — keep channels open and hope to nudge him in a better direction — and how much is unwillingness to face the reality of political economy in the age of Trump. 3/

Paul Krugman @pkrugman.bsky.social · 10d

There's a striking divide between independent economic analysts willing to say the obvious, like Skanda Amarnath at Employ America ... 2/

www.employamerica.org/monetary-pol...

Fed Note: The Implications Of The Kevin Warsh Nomination

Strategies for the full employment of America's workers, resources, and capabilities.

www.employamerica.org

Reposted by Greg Linden

Paul Krugman @pkrugman.bsky.social · 10d

I wrote yesterday about Kevin Warsh, saying what everyone who really follows monetary debates knows: he's a bullshitter who uses big words to make incoherent arguments that always amount to stimulus for Republicans, austerity for Dems 1/

paulkrugman.substack.com/p/a-bad-heir...

A Bad Heir Day at the Fed

No, Kevin Warsh isn’t qualified

paulkrugman.substack.com

Reposted by Paul Krugman, Cullen S. Hendrix, Simon Lester

Chad P. Bown @chadpbown.com · 10d

Huge thanks to @pkrugman.bsky.social for the invite to be on the show — really fun conversation on all things trade policy, tariffs, and global weirdness.

Also confirming for family record-keeping purposes: this is indeed my “talking to a Nobel Laureate” face.

Talking with Chad Bown

YouTube video by Paul Krugman

youtu.be

Reposted by Scott A. Imberman

Paul Krugman @pkrugman.bsky.social · 11d

About Kevin Warsh

paulkrugman.substack.com/p/a-bad-heir...

A Bad Heir Day at the Fed

No, Kevin Warsh isn’t qualified

paulkrugman.substack.com

Reposted by Paul Krugman

Stone Center on Socio-Economic Inequality @stone-lis.bsky.social · 12d

"Affordability, Antitrust, and Inequality" -- Register now for the free in-person and livestream event with Lina Khan and @pkrugman.bsky.social. March 9, 6:30 pm, at @thegraduatecenter.bsky.social.

stonecenter.gc.cuny.edu/event/afford...

Affordability, Antitrust, and Inequality: Lina M. Khan and Paul Krugman in Conversation - Stone Center on Socio-Economic Inequality

Hear from two leading economic thinkers about how to solve the complex crisis of affordability.

stonecenter.gc.cuny.edu

Reposted by Elizabeth Saunders, Federico Finchelstein, Aviel Roshwald

Paul Krugman @pkrugman.bsky.social · 21d

This is a very big deal. And Powell is a mensch. If democracy survives, he should get a presidential medal of freedom.

The Associated Press @apnews.com · 21d

BREAKING: Federal Reserve Chair Jerome Powell will attend the Supreme Court's hearing on Trump's attempted firing of Fed governor Lisa Cook, an unusual show of support by the central bank chair.

AP Source: Fed Chair Powell to attend Supreme Court argument on Cook case

Federal Reserve Chair Jerome Powell will attend the Supreme Court’s oral arguments Wednesday in a case involving the attempted firing of Fed governor Lisa Cook, an unusual show of support by the central bank chair.

bit.ly

Reposted by Paul Krugman

Edward Harrison @edwardnh.bsky.social · 21d

“Even now people continue to treat TACO — Trump Always Chickens Out — as if it were an established fact, although the past few weeks show that it’s just wishful thinking.”
@pkrugman.bsky.social

paulkrugman.substack.com/p/big-busine...

Big Business Should End Its Faustian Bargain With Trump

He’s out of control – and if you don’t hang together to counter him, you’ll hang separately

paulkrugman.substack.com

Reposted by Paul Krugman

Justin Wolfers @justinwolfers.bsky.social · 21d

On Greenland, and how the President has actually undermined American leverage.

Reposted by Paul Krugman, Joe R. Feagin, Brendan Nyhan , and 12 more Paul Krugman, Joe R. Feagin, Brendan Nyhan, Steve Peers, Tony Addison, Rosemary A. Joyce, Iikka Korhonen, Trevon D. Logan, Robert C. Richards, David R. Miller, W. Andy Knight, Scott A. Imberman, Olúfẹ́mi Táíwò, Juliet Johnson, David Darmofal

The Associated Press @apnews.com · 21d

BREAKING: Federal Reserve Chair Jerome Powell will attend the Supreme Court's hearing on Trump's attempted firing of Fed governor Lisa Cook, an unusual show of support by the central bank chair.

AP Source: Fed Chair Powell to attend Supreme Court argument on Cook case

bit.ly

Paul Krugman @pkrugman.bsky.social · 22d

One small thing I hope comes out of this nightmare is at least renaming the Department of Homeland Security. “Homeland” is not a word Americans use. It sounds like a translation from Heimatsicherheitsabteilung.

Paul Krugman @pkrugman.bsky.social · 23d

There’s a company called We Are Music that reportedly specializes in making bogus claims of copyright infringement. Yesterday they came after me claiming copyright on … my conversation with Claudia Sahm. A joke for me, but probably ugly for many.

Paul Krugman @pkrugman.bsky.social · Jan 3

In a NY taxi. Comment on current events?

Substack

Repost With Transcript: Heather Cox Richardson

In case you missed it Too busy being human this week for a regular interview. But I recently had a live conversation with the extraordinary Heather Cox Richardson, which I’m reposting from my YouTube channel. (Working on plans to make that channel a supplemental communication medium.) I’ve also provided a transcript, for those (like me) who don’t have time to listen to every…

Reposts 159 Dec 27

Substack

Merry Christmas

And good will to most of you I’ll be visited by three spirits

Reposts 207 Dec 24

Substack

A New K in America

The gap between haves and have-nots fell under Biden, but is rising under Trump According to current economic commentary, it’s all about “K”. Talk of a “K-shaped economy,” in which incomes and wealth are rising only for those at the top, has become ubiquitous. And rightly so. For high-income Americans who own a lot of stock, the past year has treated them pretty well. But for those who don’t, not so much.

Reposts 314 Dec 23

Substack

MAGA’s Manly Manufacturing Misfire

Understanding Trump’s other big failure According to Navigator Research, a significant number of Americans who voted for Donald Trump in 2024 now regret their choice. As the word cloud above suggests, this regret is largely driven by Trump’s utter failure to deliver on his economic promises.

Reposts 320 Dec 22

Substack

Affordability, Part IV

Inclusion, security and fairness On Friday the University of Michigan released its latest report on consumer sentiment, and it revealed deep dissatisfaction with the economy. The survey respondents rate current economic conditions as the worst in the past fifty years.

Reposts 163 Dec 21

Substack

America and the World

Talking with Martin Wolf I wasn’t able to do a fresh interview this week, so here’s a link to a talk I had with Martin Wolf for the FT. Transcript below.

Reposts 127 Dec 20

Substack

Lies, Damned Lies and Trump Speeches

What MAGA genius thought that Trump’s “affordability” speech was a good idea? Source Today is a travel day so this will be a short post. Fortunately the main topic that I want to talk about is uncomplicated – the speech that Donald Trump gave on Wednesday night. The purpose of the speech was to turn around Trump’s cratering public approval on his handling of the economy. I will also address a slightly more complicated topic: healt…

Reposts 455 Dec 19

Substack

Why Trump’s Viciousness Matters

He wants to destroy our values, not just our democracy My first reaction upon reading Donald Trump’s despicable statement on the murders of Rob Reiner and his wife Michele was a sense of both shock and lack of surprise. It wasn’t news to me that the president of the United States is a vicious shmuck. My second reaction was the thought that I have nothing new to contribute here, as plenty of other people wer…

Reposts 470 Dec 18

Substack

An A+++++ Economy, My A++

Trump made big boasts but he isn’t delivering When Politico recently asked Donald Trump to grade the current U.S. economy, he replied “A-plus-plus-plus-plus-plus.” He made this boast at a time when actual economic data were still scarce, a consequence of the government shutdown that stopped or delayed key information about the state of the job market.

Reposts 382 Dec 17

Paul Krugman @pkrugman.bsky.social · Dec 16

A+++++ economy my A++

Joey Politano🏳️‍🌈 @josephpolitano.bsky.social · Dec 16

Look at broader measures of unemployment—including people who want a job but aren't in the labor force or who are working part-time but want a full-time job—and the labor market is in the worst place since the pandemic

Reposted by Paul Krugman, Christian E. Weller, Aaron Sojourner , and 1 more Paul Krugman, Christian E. Weller, Aaron Sojourner, Dan Immergluck

Joey Politano🏳️‍🌈 @josephpolitano.bsky.social · Dec 16

Substack

Europe’s Tech Lag: Does It Matter?

Let’s take a wonk break Some days I just need a break. This is one of those days. But today’s break will allow me to indulge my inner wonk. Specifically, I am going to revert to the international trade theorist that used to be my primary professional identity and write something moderately incomprehensible that isn’t tightly tied to today’s headlines. Think of it as scratching…

Reposts 186 Dec 16

Substack

MAGA, the Broligarchs and the Media

This isn’t just about business; it’s about democracy This isn’t just about business; it’s about democracy

Reposts 490 Dec 15

Substack

Affordability, Part III

What should a serious policy agenda include? What should a serious policy agenda include?

Reposts 172 Dec 14

Paul Krugman @pkrugman.bsky.social · Dec 13

I've been remiss about posting videos to YouTube. Will try to do better. Here's my conversation with Adam Tooze, which I found really enlightening. Properly edited transcript at my Substack,

www.youtube.com/watch?v=UYAC...

Talking with Adam Tooze

YouTube video by Paul Krugman

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