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Znet Article Krugman: The Mortgage Morass

Znet Article, October, 16 2010 Paul Krugman
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The accounting scandals at Enron and WorldCom dispelled the myth of effective corporate governance. These days, the idea that our banks were well capitalized and supervised sounds like a sick joke.

Znet Article Krugman: Structure of Excuses

Znet Article, September, 30 2010 Paul Krugman
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Structural unemployment is a fake problem, which mainly serves as an excuse for not pursuing real solutions.

Znet Article Krugman: Attacking Social Security

Znet Article, August, 19 2010 Paul Krugman
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Social Security turned 75 last week. It should have been a joyous occasion, a time to celebrate a program that has brought dignity and decency to the lives of older Americans.

Znet Article Krugman: Addicted to Bush

Znet Article, July, 25 2010 Paul Krugman
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For a couple of years, it was the love that dared not speak his name. In 2008, Republican candidates hardly ever mentioned the president still sitting in the White House...

Znet Article Krugman: America Is Not Yet Lost

Znet Article, February, 10 2010 Paul Krugman
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We’ve always known that America’s reign as the world’s greatest nation would eventually end. But most of us imagined that our downfall, when it came, would be something grand and tragic.

Znet Article Krugman: The Big Zero

Znet Article, December, 28 2009 Paul Krugman
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Maybe we knew, at some unconscious, instinctive level, that it would be an era best forgotten. Whatever the reason, we got through the first decade of the new millennium without ever agreeing on what to call it. The aughts? The naughties? Whatever.

Znet Article Krugman: The Big Squander

Znet Article, November, 25 2009 Paul Krugman
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By treating the financial industry - which created this mess in the first place - with kid gloves, government officials have squandered the trust of the people.

Znet Article Krugman: The Phantom Menace

Znet Article, November, 23 2009 Paul Krugman
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What happened? To be sure, “centrists” in the Senate have hobbled efforts to rescue the economy. But the evidence suggests that in addition to facing political opposition, President Obama and his inner circle have been intimidated by scare sto...

Znet Article Krugman: The Banks Are Not Alright

Znet Article, October, 19 2009 Paul Krugman
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It was the best of times, it was the worst of times. O.K., maybe not literally the worst, but definitely bad. And the contrast between the immense good fortune of a few and the continuing suffering of all too many boded ill for the future.

Znet Article Krugman: Mission Not Accomplished

Znet Article, October, 04 2009 Paul Krugman
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Stocks are up. Ben Bernanke says that the recession is over. And I sense a growing willingness among movers and shakers to declare "Mission Accomplished" when it comes to fighting the slump. It's time, I keep hearing, to shift our focus from econo...

Znet Article Krugman: Obama's Trust Problem

Znet Article, August, 23 2009 Paul Krugman
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According to news reports, the Obama administration — which seemed, over the weekend, to be backing away from the "public option" for health insurance — is shocked and surprised at the furious reaction from progressives.

Znet Article Krugman: The Town Hall Mob

Znet Article, August, 09 2009 Paul Krugman
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There's a famous Norman Rockwell painting titled "Freedom of Speech," depicting an idealized American town meeting. The painting, part of a series illustrating F.D.R.'s "Four Freedoms," shows an ordinary citizen expressing an unpopular opinion. Hi...

Znet Article Krugman: Betraying The Planet

Znet Article, June, 29 2009 Paul Krugman
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So the House passed the Waxman-Markey climate-change bill. In political terms, it was a remarkable achievement.

Znet Article Krugman: Health Care Showdown

Znet Article, June, 25 2009 Paul Krugman
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America's political scene has changed immensely since the last time a Democratic president tried to reform health care. So has the health care picture: with costs soaring and insurance dwindling, nobody can now say with a straight face that the U....

Znet Article Krugman: The Big Hate

Znet Article, June, 15 2009 Paul Krugman
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Back in April, there was a huge fuss over an internal report by the Department of Homeland Security warning that current conditions resemble those in the early 1990s - a time marked by an upsurge of right-wing extremism that culminated in the Okla...

Znet Article Krugman: The Big Dither

Znet Article, March, 08 2009 Paul Krugman
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Why do officials keep offering plans that nobody else finds credible? Because somehow, top officials in the Obama administration and at the Federal Reserve have convinced themselves that troubled assets, often referred to these days as "toxic wast...

Znet Article Krugman: Who Will Stop the Economic Pain?

Znet Article, February, 21 2009 Paul Krugman
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Earlier this week, the Federal Reserve released the minutes of the most recent meeting of its open market committee — the group that sets interest rates. Most press reports focused either on the Fed’s downgrade of the near-term outlook or on i...

Znet Article Krugman: The Destructive Center

Znet Article, February, 09 2009 Paul Krugman
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What do you call someone who eliminates hundreds of thousands of American jobs, deprives millions of adequate health care and nutrition, undermines schools, but offers a $15,000 bonus to affluent people who flip their houses?

Znet Article Krugman: Health Care Now

Znet Article, February, 02 2009 Paul Krugman
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The whole world is in recession. But the United States is the only wealthy country in which the economic catastrophe will also be a health care catastrophe - in which millions of people will lose their health insurance along with their jobs, and t...

Znet Article Krugman: Back to What Obama Must Do

Znet Article, January, 17 2009 Paul Krugman
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What Obama must do...

Znet Article Krugman: Ideas for Obama

Znet Article, January, 12 2009 Paul Krugman
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Last week President-elect Barack Obama was asked to respond to critics who say that his stimulus plan won’t do enough to help the economy. Mr. Obama answered that he wants to hear ideas about “how to spend money efficiently and effectively to ...

Znet Article Krugman: Fifty Herbert Hoovers

Znet Article, January, 01 2009 Paul Krugman
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No modern American president would repeat the fiscal mistake of 1932, in which the federal government tried to balance its budget in the face of a severe recession. The Obama administration will put deficit concerns on hold while it fights the eco...

Znet Article Krugman: The Madoff Economy

Znet Article, December, 20 2008 Paul Krugman
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The revelation that Bernard Madoff - brilliant investor (or so almost everyone thought), philanthropist, pillar of the community - was a phony has shocked the world, and understandably so. The scale of his alleged $50 billion Ponzi scheme is hard ...

Znet Article Krugman: Lest We Forget

Znet Article, November, 28 2008 Paul Krugman
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A few months ago I found myself at a meeting of economists and finance officials, discussing - what else? - the crisis. There was a lot of soul-searching going on. One senior policy maker asked, "Why didn't we see this coming?"

Znet Article Krugman: The Lame-Duck Economy

Znet Article, November, 22 2008 Paul Krugman
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Everyone's talking about a new New Deal, for obvious reasons. In 2008, as in 1932, a long era of Republican political dominance came to an end in the face of an economic and financial crisis that, in voters' minds, both discredited the G.O.P.'s fr...

Znet Article Krugman: Franklin Delano Obama?

Znet Article, November, 12 2008 Paul Krugman
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Suddenly, everything old is New Deal again. Reagan is out; FDR is in. Still, how much guidance does the Roosevelt era really offer for today's world?

Znet Article Krugman: The Obama Agenda

Znet Article, November, 09 2008 Paul Krugman
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Tuesday, Nov. 4, 2008, is a date that will live in fame (the opposite of infamy) forever. If the election of our first African-American president didn't stir you, if it didn't leave you teary-eyed and proud of your country, there's something wrong...

Znet Article Krugman: Cash for Trash

Znet Article, September, 24 2008 Paul Krugman
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Some skeptics are calling Henry Paulson’s $700 billion rescue plan for the U.S. financial system “cash for trash.” Others are calling the proposed legislation the Authorization for Use of Financial Force, after the Authorization for Use of Militar...

Znet Article Krugman: Mandates and Mudslinging

Znet Article, April, 23 2008 Paul Krugman
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From the beginning, advocates of universal health care were troubled by the incompleteness of Barack Obama’s plan, which unlike those of his Democratic rivals wouldn’t cover everyone. But they were willing to cut Mr. Obama slack on the issue, assu...

Znet Article Krugman: Loans and Leadership

Znet Article, March, 29 2008 Paul Krugman
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When George W. Bush first ran for the White House, political reporters assured us that he came across as a reasonable, moderate guy...

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