Paul Krugman
@pkrugman.bsky.social
Ex NY Times, now author of Substack Paul Krugman. Nobel laureate and, according to Donald Trump, "Deranged BUM"
So today's Substack about the impact of tariffs concluded:
"in many ways the level of the tariffs is less important than the huge uncertainty Trump’s policies have created. And that uncertainty hasn’t abated at all."
Ya don't say. paulkrugman.substack.com/p/leprechaun...
"in many ways the level of the tariffs is less important than the huge uncertainty Trump’s policies have created. And that uncertainty hasn’t abated at all."
Ya don't say. paulkrugman.substack.com/p/leprechaun...
Leprechauns, Effective Tariffs and Inflation
Yes, tariffs are hurting us. No, Trump wasn’t right.
paulkrugman.substack.com
October 10, 2025 at 10:19 PM
So today's Substack about the impact of tariffs concluded:
"in many ways the level of the tariffs is less important than the huge uncertainty Trump’s policies have created. And that uncertainty hasn’t abated at all."
Ya don't say. paulkrugman.substack.com/p/leprechaun...
"in many ways the level of the tariffs is less important than the huge uncertainty Trump’s policies have created. And that uncertainty hasn’t abated at all."
Ya don't say. paulkrugman.substack.com/p/leprechaun...
Reposted by Paul Krugman
I’ve been worried a lot that this is right. Gold is skyrocketing in value because the world is losing faith in the role of US as guarantor/backstop of global economy open.substack.com/pub/paulkrug...
Ingots We Trust
Are soaring gold prices telling us something important?
open.substack.com
October 8, 2025 at 11:48 AM
I’ve been worried a lot that this is right. Gold is skyrocketing in value because the world is losing faith in the role of US as guarantor/backstop of global economy open.substack.com/pub/paulkrug...
Reposted by Paul Krugman
Join us online Tues, 10/7, 6:30pm (in-person RSVPS are full) – AI and the Future of Work – feat. @dacemoglumit.bsky.social, @pkrugman.bsky.social, Danielle Li, @zey.bsky.social & @sgreenhouse.bsky.social – reserve now: www.gc.cuny.edu/events/ai-an... @stone-lis.bsky.social @cuny.edu #AI #jobs
AI and the Future of Work
In-person reservations for this event are currently full, but please join the livestream.Proshansky Auditorium
www.gc.cuny.edu
October 1, 2025 at 4:51 PM
Join us online Tues, 10/7, 6:30pm (in-person RSVPS are full) – AI and the Future of Work – feat. @dacemoglumit.bsky.social, @pkrugman.bsky.social, Danielle Li, @zey.bsky.social & @sgreenhouse.bsky.social – reserve now: www.gc.cuny.edu/events/ai-an... @stone-lis.bsky.social @cuny.edu #AI #jobs
Reposted by Paul Krugman
open.substack.com/pub/paulkrug... Paul Krugman replies to Scott Bessent’s diatribe against the Fed.
Scott Bessent, Sleazy Smearer
About the Treasury secretary’s vile, dishonest slander of the Fed
open.substack.com
September 11, 2025 at 1:48 PM
open.substack.com/pub/paulkrug... Paul Krugman replies to Scott Bessent’s diatribe against the Fed.
Reposted by Paul Krugman
Applications are open for our postdoctoral scholars program! These 2-year positions start in Aug. 2026 and are based at the GC CUNY Stone Center. One is focused on #mobility and #poverty, the other on #wealth and/or wealth inequality. Apply by Nov. 3!
#EconSky #Sociology #PoliSciSky
bit.ly/40TZR6J
#EconSky #Sociology #PoliSciSky
bit.ly/40TZR6J
Applications Are Open for Two Postdoctoral Positions at the GC CUNY Stone Center - Stone Center on Socio-Economic Inequality
The Stone Center on Socio-Economic Inequality is seeking applicants for an eighth cohort of postdoctoral scholars. These full-time, two-year positions will begin in August 2026.
stonecenter.gc.cuny.edu
September 9, 2025 at 1:14 PM
Applications are open for our postdoctoral scholars program! These 2-year positions start in Aug. 2026 and are based at the GC CUNY Stone Center. One is focused on #mobility and #poverty, the other on #wealth and/or wealth inequality. Apply by Nov. 3!
#EconSky #Sociology #PoliSciSky
bit.ly/40TZR6J
#EconSky #Sociology #PoliSciSky
bit.ly/40TZR6J
The depravity of Senate Republicans, in two screenshots
September 6, 2025 at 7:10 PM
The depravity of Senate Republicans, in two screenshots
And I was planning a quiet evening ... paulkrugman.substack.com/p/an-emergen...
An Emergency non-Emergency Post
Holy tariff mess, Batman
paulkrugman.substack.com
August 29, 2025 at 11:21 PM
And I was planning a quiet evening ... paulkrugman.substack.com/p/an-emergen...
I have an unusual problem with the elimination of the "de minimis" tariff exemption. When I give talks abroad, the host often offers a lovely but awkward gift — say, a 20 lb coffee table book on the history of their city. So I ask them to mail it. No more. www.theguardian.com/us-news/2025...
Postal services around the world suspend deliveries to US: how will it affect you?
Suspensions including from Australia and Europe come after Donald Trump removed a rule exempting parcels worth less than US$800 from his tariffs
www.theguardian.com
August 28, 2025 at 4:20 PM
I have an unusual problem with the elimination of the "de minimis" tariff exemption. When I give talks abroad, the host often offers a lovely but awkward gift — say, a 20 lb coffee table book on the history of their city. So I ask them to mail it. No more. www.theguardian.com/us-news/2025...
The muted market reaction to The Crazy doesn't tell you much about what will happen. Markets almost *never* react in advance to large but only potential disruptions. paulkrugman.substack.com/p/why-arent-...
Why Aren’t Markets Freaking Out?
Of Trump, Keynes and Wile E. Coyote
paulkrugman.substack.com
August 28, 2025 at 4:09 PM
The muted market reaction to The Crazy doesn't tell you much about what will happen. Markets almost *never* react in advance to large but only potential disruptions. paulkrugman.substack.com/p/why-arent-...
I wrote about the manifestly illegal attempt to fire Lisa Cook 1/
paulkrugman.substack.com/p/in-the-mat...
paulkrugman.substack.com/p/in-the-mat...
In the Matter of Lisa Cook
Trump’s attempt to fire a Fed governor is illegal. Now we find out whether that matters.
paulkrugman.substack.com
August 26, 2025 at 12:05 PM
I wrote about the manifestly illegal attempt to fire Lisa Cook 1/
paulkrugman.substack.com/p/in-the-mat...
paulkrugman.substack.com/p/in-the-mat...
If you think the attack on the Fed's Lisa Cook has nothing to do with you, you're wrong — any one of us may be next paulkrugman.substack.com/p/we-are-all...
We Are All Lisa Cook
Nobody is safe from weaponized government
paulkrugman.substack.com
August 25, 2025 at 12:49 PM
If you think the attack on the Fed's Lisa Cook has nothing to do with you, you're wrong — any one of us may be next paulkrugman.substack.com/p/we-are-all...
Stagflation in some form is coming. The trillion-dollar question is whether inflation becomes entrenched paulkrugman.substack.com/p/the-econom...
The Economics of Stagflation, Part II
What will follow the Trump shock?
paulkrugman.substack.com
August 24, 2025 at 3:58 PM
Stagflation in some form is coming. The trillion-dollar question is whether inflation becomes entrenched paulkrugman.substack.com/p/the-econom...
Reposted by Paul Krugman
"Companies were reluctant to pass price hikes into stores, because they didn't want to make customers mad and lose market share. It's only now really sinking in that this is for real, and so the 'let's eat the tariffs for a while' thing is fading out." — @pkrugman.bsky.social
Paul Krugman on Trump's economic house of cards
"The thing that’s extra damaging now is the craziness."
www.publicnotice.co
August 24, 2025 at 1:40 PM
"Companies were reluctant to pass price hikes into stores, because they didn't want to make customers mad and lose market share. It's only now really sinking in that this is for real, and so the 'let's eat the tariffs for a while' thing is fading out." — @pkrugman.bsky.social
I wrote about the imaginary New Jersey windmills of Trump's mind and other topics 1/ paulkrugman.substack.com/p/kilowatt-m...
Kilowatt Madness
Trump’s electricity crisis — and ours
paulkrugman.substack.com
August 22, 2025 at 5:43 PM
I wrote about the imaginary New Jersey windmills of Trump's mind and other topics 1/ paulkrugman.substack.com/p/kilowatt-m...
Reposted by Paul Krugman
New in PN: @pkrugman.bsky.social on Trump's teetering economy
"The thing that’s extra damaging now is the craziness. Nobody knows what the tariff rates will be in six months. That means a lot of cash sits on the sidelines."
"The thing that’s extra damaging now is the craziness. Nobody knows what the tariff rates will be in six months. That means a lot of cash sits on the sidelines."
Paul Krugman on Trump's economic house of cards
"The thing that’s extra damaging now is the craziness."
www.publicnotice.co
August 22, 2025 at 11:55 AM
New in PN: @pkrugman.bsky.social on Trump's teetering economy
"The thing that’s extra damaging now is the craziness. Nobody knows what the tariff rates will be in six months. That means a lot of cash sits on the sidelines."
"The thing that’s extra damaging now is the craziness. Nobody knows what the tariff rates will be in six months. That means a lot of cash sits on the sidelines."
Deportations and detentions will inflict a lot of damage on the US economy 1/ paulkrugman.substack.com/p/iceing-the...
ICEing the U.S. Economy
Mass deportations will hurt more than people realize
paulkrugman.substack.com
August 20, 2025 at 1:37 PM
Deportations and detentions will inflict a lot of damage on the US economy 1/ paulkrugman.substack.com/p/iceing-the...
This is the way the bubble ends: Not with a pop, but with smog and brownouts. [Disappointed that some readers didn't recognize the TS Eliot ref]
paulkrugman.substack.com/p/what-happe...
paulkrugman.substack.com/p/what-happe...
What Happens If AI Hits An Energy Wall?
The technology driving the economy has some big problems
paulkrugman.substack.com
August 19, 2025 at 1:49 PM
This is the way the bubble ends: Not with a pop, but with smog and brownouts. [Disappointed that some readers didn't recognize the TS Eliot ref]
paulkrugman.substack.com/p/what-happe...
paulkrugman.substack.com/p/what-happe...
Reposted by Paul Krugman
Murder is now well below even pre-COVID levels nationally through June in the latest RTCI sample.
August 19, 2025 at 1:25 PM
Murder is now well below even pre-COVID levels nationally through June in the latest RTCI sample.
Apparently some people over here don't know that I'm posting almost daily on Substack. It's free 6 days a week, with only the Sunday primers (which are very labor-intensive) paywalled. According to the U.S. politics bestseller list, this venture is going pretty well
August 18, 2025 at 1:22 PM
Apparently some people over here don't know that I'm posting almost daily on Substack. It's free 6 days a week, with only the Sunday primers (which are very labor-intensive) paywalled. According to the U.S. politics bestseller list, this venture is going pretty well
Others have pointed this out, but once you start thinking about the *physical* footprint of AI, especially power consumption, the predicted boom starts to look very problematic 1/
paulkrugman.substack.com/p/ai-is-powe...
paulkrugman.substack.com/p/ai-is-powe...
AI Is Power-Hungry
And consumers are paying the price
paulkrugman.substack.com
August 18, 2025 at 1:11 PM
Others have pointed this out, but once you start thinking about the *physical* footprint of AI, especially power consumption, the predicted boom starts to look very problematic 1/
paulkrugman.substack.com/p/ai-is-powe...
paulkrugman.substack.com/p/ai-is-powe...
I wrote about stagflation, how it happens, and why it didn't happen under Biden. Next week about prospects under Trump 1/ paulkrugman.substack.com/p/the-econom...
The Economics of Stagflation, Part I
What are the risks? And how big are they?
paulkrugman.substack.com
August 17, 2025 at 2:28 PM
I wrote about stagflation, how it happens, and why it didn't happen under Biden. Next week about prospects under Trump 1/ paulkrugman.substack.com/p/the-econom...
I talked with crime data maven Jeff Asher, whose always relevant work has gotten extra-relevant now that Trump is invoking urban crime as a reason to occupy cities 1/ paulkrugman.substack.com/p/talking-wi...
Talking With Jeff Asher
My go-to guy for crime data
paulkrugman.substack.com
August 16, 2025 at 1:06 PM
I talked with crime data maven Jeff Asher, whose always relevant work has gotten extra-relevant now that Trump is invoking urban crime as a reason to occupy cities 1/ paulkrugman.substack.com/p/talking-wi...
Reposted by Paul Krugman
Losing Krugman's voice on the NYT page seems bad, but he's really taken it to a new level in his Substack, hasn't he? Unleashed, but not unrestrained.
August 16, 2025 at 12:38 PM
Losing Krugman's voice on the NYT page seems bad, but he's really taken it to a new level in his Substack, hasn't he? Unleashed, but not unrestrained.
Aren't we more or less at the one-year anniversary of many media reports about the imminent fall of the "strategic city of Pokrovsk"?
The analysts who said that this Russian operation might lead to a Ukrainian collapse and were a sign of Russian success were either fools or desperate to praise Russia.
August 15, 2025 at 8:05 PM
Aren't we more or less at the one-year anniversary of many media reports about the imminent fall of the "strategic city of Pokrovsk"?
Reposted by Paul Krugman
I had missed this excellent discussion between @pkrugman.bsky.social & @adamposen.bsky.social, two of the very best on monetary and macroeconomic policy and bringing it to the public square. Very much worth your time.
Talking With Adam Posen
A monetary policy maven about a Fed unde pressure
paulkrugman.substack.com
August 13, 2025 at 7:14 PM
I had missed this excellent discussion between @pkrugman.bsky.social & @adamposen.bsky.social, two of the very best on monetary and macroeconomic policy and bringing it to the public square. Very much worth your time.