Search Results for: krugman

Paul Krugman Pontificating on Policy Rules

In a recent blog post Paul Krugman talks a lot about policy rules and the Taylor rule in particular. He complains that “Republicans are pushing to mandate that the Fed follow the so-called Taylor rule.”  But the policy rule legislation that … Continue reading

Posted in Monetary Policy

Krugman’s Slack

In a piece yesterday, Paul Krugman disagrees with my assessment that there was more overheating than slack in the economy in the years leading up to the 2007-09 recession and financial crisis. That assessment was one part of a broader … Continue reading

Posted in Financial Crisis, Slow Recovery

Paul Krugman in South Park

Some of the points Paul Krugman makes in his response to my article in today’s Wall Street Journal criticizing unconventional monetary policy are irrelevant.  The others are wrong. First, he goes after other people who are critical of the unconventional policy, as … Continue reading

Posted in Monetary Policy

Paul Krugman is Wrong about Fiscal Policy Research

Over the weekend, Paul Krugman responded to my post in which I show that the slowdown in state and local government purchases of goods and services is a consequence, rather than a cause, of the weak recovery.  My basic point … Continue reading

Posted in Fiscal Policy and Reforms

Krugman’s Claims Are Wrong

Paul Krugman commented early this morning on the Wall Street Journal oped by John Cogan and me.  Our oped is based on our research paper with Volker Wieland and Maik Wolters which shows that there are beneficial effects on the economy—in … Continue reading

Posted in Fiscal Policy and Reforms

Paul Krugman is Wrong

Paul Krugman took time off from his vacation last Friday to take a shot at a paper by Kevin Hassett, Glenn Hubbard, Greg Mankiw and John Taylor on the growth and employment impacts of Governor Romney’s economic program in comparison … Continue reading

Posted in Regulatory Policy

Krugman is Wrong

Paul Krugman is wrong in his criticism of my brief summary of last week’s economic policy conference at Stanford’s Hoover Institution. Krugman was not at the conference, which lasted a full day and went well beyond previous research by the participants.  In … Continue reading

Posted in Slow Recovery

Debating History and Policy with Reich and Krugman

Tonight’s NewsHour debate between me and Robert Reich was about the role of Keynesian fiscal policy in the context of the today’s budget agreement. Reich was not supportive of the agreement because it precluded another stimulus package which, in his … Continue reading

Posted in Fiscal Policy and Reforms

Paul Krugman Versus Budget Facts

Yesterday Paul Krugman, citing Brad DeLong’s post earlier in the day, joined the commentary on my Wall Street Journal article of Friday which I further discussed in my blog of Sunday. Krugman takes issue with my statement that “Mr. Obama, … Continue reading

Posted in Budget & Debt

Debate Over the Very Principles of Economics

Today is the launch of the online version of my Economics 1 course (and namesake of this Blog and my Twitter handle) on the Principles of Economics for summer 2017. This year is also the tenth anniversary of the start … Continue reading

Posted in Financial Crisis, Teaching Economics