Paul Krugman

Blog

alexmillos/Shutterstock

2013 Year in Review (Part 2)

Broken markets, too much debt, and less & less liberty
Friday, December 20, 2013, 1:26 PM

Part of David Collum's 2013 Year In Review » Read more

Blog

Four Signs That We're Back in Dangerous Bubble Territory

Stocks, bonds – everything – at risk
Tuesday, May 21, 2013, 7:09 PM

As the global equity and bond markets grind ever higher, abundant signs exist that we are once again living through an asset bubble or rather a whole series of bubbles in a variety of markets. This makes this period quite interesting, but also quite dangerous.

With equity and bond markets at or near all-time record highs, with all financial assets consistently shrugging off bad or worse news as the riskiest of assets continue to find consistent upward bids, we find ourselves in familiar and bubbly territory. » Read more

Blog

The Arrival of Japan's Sunset

The repercussions will be tremendous
Monday, February 18, 2013, 6:05 PM

For a successful technology, reality must take precedence over public relations, for nature cannot be fooled. ~ Richard Feynman

Waiting for Japan's economy to make a strong recovery has been an ongoing game since 1990. Shall we play that game one more time? » Read more