Paul Krugman on Pandemic Economics and the Path to Recovery
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- เผยแพร่เมื่อ 26 ก.ค. 2024
- The global spread of COVID-19 has placed the United States economy in a “medically induced coma,” Paul Krugman writes. Around the world, governments are rallying to implement measures to provide a lifeline to their economies, all the while falling back on age-old public and financial policies that have not been put under such stress in decades. But the nature of the current crisis, with its complex entanglement of economics, geopolitics, and public health, may require an equally far-reaching response. Nobel Laureate and The New York Times’ Paul Krugman joins the Council to the discuss the economic outlook and path to recovery.
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#COVID19 #Economy #GlobalRecession
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Krugman is brilliant, and one of the few economists with intellectual integrity and valuable insights.
Baloney!
Go all in, or wait what should I buy or sell 🧐
Congratulations you are officially a SHEEP.
Someone said "This is different." Why? Because there is now in America an on demand labour force with no security and everything to lose.
Thanks. Helpful. I don’t think we have any real idea about the long term impacts of Covid-19. Significant impacts on how we interact locally and internationally. Implications for surveillance technologies and data management. Privacy.
I enjoy hearing Paul's thoughts on the causes and possible outcomes of our current economic crisis, then I read the comments from others below and some of them baffle me. I assume conservatives are the ones who disagree with him, but not one of them can frame a cogent criticism of anything he said. Instead they resort to school yard taunts of "idiot", "blowhard", and "stupid", which is ironic considering who leads their party.
He should stick to send fax machine messages instead talking about economics on the Internet he said was not going to be a big deal
How can this still baffle you?
Well said!
Borrow print and spend to keep your leftist socialist masters in power. Profit until the nation is bankrupt at the expense of our grandchildren. How's that for reality.
Not even any of the replies to this comment brought up what they think he’s wrong about, or why. The man is a Nobel laureate in economics, but randos on the Internet say he’s a blowhard so it must be true.
Thanks for posting this. Krugman's books and papers are required reading for the Oxford PPE.
Dear Mr Roberts and Mr Krugman, Thank you for an excellent interview. Please Mr Roberts, when you plug Mr Krugman's or a future guest on your show's latest book, if you say 'book number 27' as the only way to describe it, you make an author sound like a factory writing machine. Say the title, and don't embarrass him with saying how many books he's written. People need to know what the present book is all about. It's not that no one cares how many books an author has written, but it's like if you had Steven Spielberg on and you talked about his catalog of films, and not the one out now. It's all about quality not quantity. Read the book the author has just written if possible, or browse through it, find something to ask the author about, and I guarantee you he'll be much more willing to speak about any issue you bring up. Say the title of the book, and ask him what he was trying to communicate. Writing a book is a monumental task that takes everything out of you, and even when you've done what you think is your best, I believe no author is ever satisfied with his writing, because there is always something they could have written differently. Does Mr Krugman believe the FED has gone overboard in conditioning markets by stepping in and repressing any volatility? Does he think it's time for the FED to stop doing that? Because isn't the FED really undermining the system itself, and in turn undermining the credibility of an institution that is critical to the well-being of the present generation and future générations? Be well.
The title is misleading. Mostly about politics and little new content on economics of what you already didn’t know.
I am the author of a sustainable development concept, in which prosperity and well being are generated through the
valorization of the 5 Magic Ts (Talent, Tradition, Tourism, Tech , Transfer of know how )
I am not an English speaker not living in the USA
Since some members of the American economic association are also professors, I would like to invite them to pay attention to the following aspect
Even when their students are obliged to stay home , the 5 magic Ts vast majority components remain active .Moroever, while talent, tradition, remain the same their disponibility to deal with different tech adantages that are offered for free, will be higher.
Therefore, they shall work online with their students, implement projects based on the valorization of talent, tradition, tech and transfer of know attract millions dollarrs and help create jobs.
Krugman, it's ok to say "I don't know" every once in a while
Krugman is a blowhard!
Recovery ? Is that possible ?
The view from ivory tower.
A Princeton professor, a New York Times columnist....DUH!
I've read several books by Krugman and watched how he handled a setback or two earlier in his career, I'm impressed by him.
@Chris B Clearly just a suck up partisan.
Mr. "QAnon Hacked My Computer"? 😂 No, thanks!
I wish Krugman had made some very specific predictions about the economy and made more specific recommendations about fiscal and monetary policy. I know he wants a lot more infrastructure spending, more healthcare spending, much higher taxes (possibly including a wealth tax). He is also indifferent to deficits and the size of the debt/GDP ratio, and I've heard that he opposes MMT. He talks too much about politics. I don't want to hear about racism and how evil Trump is. I want to know more about economics. This was disappointing.
Krugman is in favor of high taxes because this moves plant and equipment and employment off shore where slave labor is there and taxes can be avoided by using supply chains and having income come declared in low tax countries. It also ruins up private debt by moving income to the desperate illegals that the left would enslave in America.
When main street America learns this they will pass legislation to take back ill gotten gains!
Don
Think about it main street is wounded and killed keeping peace in a world at its expense while the internationalists avoid taxes, sleep safe and look down on them as the basket of deplorables.
Don
don hansen Wait. How do you gather that that is his reason for wanting higher taxes?
Do you have a better solution? I’m all for bringing wealth back to the masses. How do we do that, if not taxing those with the majority of wealth?
"... a much more cohesive Democratic party..."
They were certainly cohesive and closing ranks to crush the Bernie movement.
I'm sure that bodes well for progressivism.
Yup, many progressives didn’t appreciate that. Your point?
Paul who??
I understand the frustration with Krugman. He's become politically partisan and that's not the role of a scientist (economics is a science). He's a poor man's Joseph Stiglitz really. The republican party do deserve more criticism than the democrats but the democrats should take their share of blame, not for the sake of balance, but truth.
Oh Paul...such a punk
Dump money in 2008 to bail out all the criminals -- thx Krugman for making the mess 8 times bigger buddy .... lick that medal ....
Krugman = Joke
Burchfield=joke.
Big joke.
lol bill you are clearly a MAGAtard.
This Krugman guy is empty. It seems that Nobel prize in economics is worthless.
Nobel Committee has a bias for Leftists. Amartya Sen is another undeserving guy.
I'm sure some enjoy the Nobel winning economist opinion of what he sees as structural racism. After 25 min he's presents a lot of what he calls obvious examples, I'd call them circular reasoning. True because it is, obvious? Does this pass as deep thinking on any matter, let alone inequity within our society? Has this economist moved the conversation anywhere? I get it, Trump says very not politically correct things....words from a non politician, reality show, real estate agent. I'd be shocked if his words did not offend most people truthfully. His policies other than the wall have been america first and lets stop takings it in the shorts just because we are the biggest. By the way, you have the vote so if you don't like the man convince your fellow voters and elect Biden. Wait, that what this really is ....an ad for Biden, clever! Never seen this before....shocking!!! LOL
What's shocking is your ignorant comment.
@@jerryrichardson2799 Just saying bad bad bad is not an argument it is just the China bully system the left wants to import.
If you have a point it would help.
Don