Galt/Gekko 2012

Here’s economist Paul Krugman’s take on the selection of Paul Ryan as Mitt Romney’s running mate. What I do know is that anyone who believes in Ryan’s carefully cultivated image as a brave, honest policy wonk has been snookered. Mark Thoma reviews selected pieces I’ve written about Ryan; he is,…

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Paul Krugman Speaks At Netroots Nation

Living under they tyranny of the Very Serious People™.

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Another Krugman Beat-down of Paul Ryan’s Phony Budget

Paul Ryan is such an embarrassment to Wisconsin.  A fiscal phony on par with the other great GOP fiscal phony, Ronald Reagan.  I just love the way Krugman cuts right to the empty black core of the Ryan “Plan.” From This Week with George Stephanopolis. KRUGMAN: Can I say, the Ryan…

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“We are an economy, not a household”

Brilliant.  Krugman dismantles two Tory austerians…  “It’s all about exploiting the current situation to pursue an ideological goal of a smaller state.”

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The Deeply Unserious R’Money

Mittens has a problem with reality, of course that puts him right in the mainstream of the modern GOP. ZAKARIA: What is the single biggest piece of nonsense that Mitt Romney… KRUGMAN: Mitt Romney is saying basically that spending cuts are how we’re going to get to prosperity. Mitt Romney…

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Krugman Is Angry

And rightly so. I may make jokes along the way – I kind of need to in order to stay sane – but the stuff I write about is extremely serious; there’s a vast human tragedy taking place, and anyone who has the ear of the public has a duty…

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Read This Book… And This One Too!

If you want a concise, accurate, easy-to-read, fact-based (i.e. with data) accounting of how our economy got so f*cked up, go buy this book. For extra credit, go read this one too.  Yves Smith will give you an intimate look inside the world of “high finance” and how the “quants”…

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Highway to Hell – Eurozone Edition

Yes, Krugsandra has issued another proclamation from his Fortress of Macroeconomics high on the slopes of Mount OMFGWTF. Germany believes that its successful adjustment was the result of its own virtue, but in reality it was successful in large part because of an inflationary boom in the rest of Europe. And…

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ALL YOUR BASE ARE BELONG TO US

Never has the phrase “ALL YOUR BASE ARE BELONG TO US” been so appropriate…  Paul Krugman points out in his latest OpEd over at The New York Times that the Republican Party has been completely captured by the 0.01%-ers and along with that comes a “base” of voters to keep…

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End This Depression Now! – A Lecture by Paul Krugman

Paul Krugman gave a talk recently at the Economic Policy Institute about his new (and quite readable) book, End This Depression Now!  This video provides a really good introduction to the concepts presented in the book and is well worth the 45 minutes you invest in watching it.

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