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The Latest Breaking News from Paul Krugman

Socialists Claim Public Libraries Are Examples of Their Policies. Don't Believe Them.

Libraries aren’t all that socialist, and they’re far from the total state the radicals really want.

Reason

Top Quote of the Day by Milton Friedman, Joseph Stiglitz and Paul Krugman: What do Nobel Prize-winning economists understand about human behavior and financial freedom? Life lessons on decision-making, mindset, wisdom, success, character, personal growth, and why their economic insights still shape smarter choices today

Today's Top Quote of the Day by Milton Friedman, Joseph Stiglitz and Paul Krugman: Milton Friedman, Joseph Stiglitz, and Paul Krugman spent decades studying markets, governments, businesses, and human behavior. Their words are not merely academic observations. They are lessons drawn from decades of research, public debate, policy advising, and…

The Economic Times

Trump's 'Farcical' Iran War Just Destroyed America's Strongest Economic Weapon, Nobel Economist Warns

Nobel economist Paul Krugman warns that the Iran conflict is undermining US dollar dominance, prompting countries to explore alternative financial systems and reducing America's global economic leverage.

International Business Times UK

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Nobel Laureate Unleashes Furious Attack on Elon Musk: 'Millions of Children's Blood Is on His Hands'

Nobel Prize-winning economist Paul Krugman launches a fierce attack on Elon Musk, claiming USAID cuts contributed to millions of deaths and sparked a global humanitarian catastrophe.

International Business Times UK

'A Horrible, Terrible Person': Paul Krugman Blasts Elon Musk's Reign as America's Former 'Second Most Powerful Man'

Economist Paul Krugman criticises Elon Musk for his role in reducing USAID funding, arguing it has led to significant humanitarian consequences, including millions of preventable deaths.

International Business Times UK

Everyone agrees that you hate AI, but only Mark Cuban sees why Silicon Valley is powerless to fix it

"The big LLMs have lost the PR battle," Cuban said. "Why? Because they all suck at putting people first."

Fortune

Quote of the day by Paul Krugman: 'Debt is one person's liability, but another person's...' - financial lessons and insights on role of debt in the economy, flow of money and growth of wealth by Nobel Prize-winning economist and pioneer of New Trade Theory

Quote of the day by Paul Krugman: Nobel laureate Paul Krugman sheds light on debt, emphasizing it's a two-sided coin. While a borrower's liability, it's a lender's asset, forming a crucial link in the financial system. This perspective reveals debt's productive role in economic growth, enabling investments and future returns,…

The Economic Times

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Irish economic miracle explained: Why all that glitters isn't gold

Ireland's GDP soared 12.3% in 2025 — but it was a mirage. Pharma multinationals front-loaded €25.4bn of exports to the US in March alone, ahead of Trump's tariffs. Now the first quarter of 2026 sees a contraction.

Euronews

One year of tariff fallout

Remember Liberation Day? Well, a year later, inflation is up, Trump’s ratings are down — and he doesn’t care

Salon

Paul Krugman smacks down Trump speech with argument that $4 gas is ‘less than half’ of the Hormuz hit. Here’s what he’s talking about

Several other essential commodities cross the critical choke point, and a prolonged closure of the strait could injure American consumers.

Fortune

Senator Murphy Alleges 'Corrupt' Insider Trading After £1.17 Billion Futures Bet Placed Minutes Before Trump's Iran Post

An anonymous trader's massive futures trades just before Trump's Iran strike pause announcement have sparked insider trading allegations from a US senator and a Nobel Prize-winning economist.

International Business Times UK

Nobel laureate calls it 'treason': $580 million traded minutes before Trump's oil reversal

Approximately $580 million of oil futures were sold before Trump shocked the markets with a dubious statement.

Fortune

The Iran conflict will be the ‘straw that breaks the camel’s back’ for the U.S. economy if it goes on much longer, Nobel laureate Paul Krugman warns

The Iran conflict alone could cost the U.S. $200 billion. Add it to everything else happening, and the U.S. economy is teetering on a ledge.

Fortune

Why Ray Dalio, Scott Bessent and others are rallying around a '3% solution' to the national debt

Bipartisan consensus is building in support of lowering the gulf between revenues and outlays to 3% of GDP.

Fortune

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Salon

Trump's "Mission Accomplished" moment

The president falsely claimed he "fixed" the affordability crisis. He and the GOP will pay in the November midterms

The Guardian - UK

In the Trump era, we need satire more than ever. Just don’t expect it to save democracy

In the US, comedy has long filled the space vacated by partisan news media. Now France is following its lead, says Guardian Europe columnist Alexander Hurst

The Guardian - UK

The crisis whisperer: how Adam Tooze makes sense of our bewildering age

The long read: Whether it’s the financial crash, the climate emergency or the breakdown of the international order, historian Adam Tooze has become the go-to guide to the radical new world we’ve entered

Benzinga

Paul Krugman Warns AI Rallies Driven By Rate-Cut Hopes Are 'Dead Cat Bounces' — Says It 'Bears an Unmistakable Resemblance' To The Dot-Com Era

Economist Paul Krugman is drawing sharp parallels between the current state of the AI trade and the final years of the dot-com boom in the 1990s, while warning that investors might be misreading the Federal Reserve’s recent signals and actions.

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Fortune

Economist Paul Krugman says Bitcoin’s crash shows the ‘unraveling of the Trump trade’

The Trump family, with ample crypto ventures, has lost an estimated $1 billion from the monthlong cryptocurrency free fall.

The Independent UK

Jeffrey Epstein dreamt up bizarre series starring Johnny Depp, Courtney Love – and even Stephen Fry

The disgraced financier had an idea for an interview series called ‘Strange Bedfellows’, but none of the stars he fantasised about featuring seem to be aware of its existence

Benzinga

Trump's Policies Are Making America Less Affordable, Explains Nobel Economist Paul Krugman: 'That's Going Badly'

Nobel Prize-winning economist Paul Krugman has argued that President Donald Trump‘s policies are actively making America less affordable, directly contradicting the president’s central economic promises.

Benzinga

Trump's China Tariff U-Turn, Ray Dalio's 'Melt-Up' Warning And More: This Week In Economy

Another week has come and gone, and it’s time to catch up on the latest economic news. Here’s a quick overview of what happened over the week, from Trump’s China tariff reversal to Ray Dalio’s market warning.

Benzinga

Ronald Reagan 'Didn't Love Tariffs,' Says Economist Paul Krugman: He Repeatedly Emphasized 'The Virtues of Free Trade'

Nobel Prize-winning economist Paul Krugman pushed back against President Donald Trump’s claims that former President Ronald Reagan “loved tariffs,” calling the statement false and historically inaccurate.

Benzinga

Xi Jinping Faces 'Unprecedented' Turmoil Within Communist Party, Says Leading China Expert As Trump Ramps Up Tariffs

As U.S.-China trade tensions continue to escalate amid President Donald Trump’s threat to add another 100% tariff on imports from the nation starting Nov. 1, Chinese President Xi Jinping is facing a rare challenge at home, according to political scientist Gordon Chang.

Benzinga

Trump's Tariffs Backfire, China Stays Silent, Marc Andreessen Backs Musk's $10 Trillion Plan And More: This Week In Economy

It’s been an eventful week in the world of business and politics. Here’s a quick roundup of the top stories that you might have missed.

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