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The Latest Breaking News from Paul Krugman

'Malignant Stupidity', 'Weak': Economists On Trump's Tariffs

A wide range of economists are voicing alarm over US President Donald Trump's tariffs blitz, which has sparked a trade war that experts say could lead to a global recession.

International Business Times

Trump’s ‘liberation day’ could mean recession in the US and pain worldwide

The US president’s tariffs are vengeful and impetuous – and will have immense costs with no clear goal

The Guardian - US

The Guardian view on Donald Trump’s power grab: a coup veiled by chaos

Editorial: The US president is testing the limits of executive authority, sidelining Congress and enriching allies while destabilising the global economy

The Guardian - UK

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Trump voters will be ‘brutally scammed’ during his term, Nobel economist warns

The president-elect has vowed to impose tariffs on leading trading partners

The Independent UK

This economist says the US needs price controls to tackle inflation: ‘We need to dare to think outside the box’

Isabella Weber says economists must design policies that people feel make their lives better – or the US could slide toward fascism

The Guardian - US

Top Economist Warns 'Easily Bamboozled' Trump Could Lose Trade War With Mexico: 'Other Leaders May Decide He is Weak'

Nobel Prize winner Paul Krugman warned that other global leaders could challenge Trump's threats and come out on top

Latin Times

I’ve joined Bluesky and it feels like a breath of fresh air – in some ways…

The flourishing new platform may be like Twitter once was. The problem is the limited algorithmic scope of all social media

The Guardian - UK

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Trump Voters Hanging on Promise to Fix Economy Are in For 'Rude Shock', Top Economist Warns

Paul Krugman, a Nobel Prize winner, said that inflation helped Trump get to the White House and, ironically, his economic program is set to be inflationary

Latin Times

The charm of Trump's "weave" beyond MAGA

Listen to the laughter when Trump insults the Wall St. Journal at a meeting of an Economic Club in any major city

Salon

New audio reveals JD Vance accusing childless teachers of ‘trying to brainwash the minds of our children’

Republican vice presidential candidate made offensive remarks at a 2021 Center for Christian Virtue forum

The Independent UK

The Fed sits patiently and signals rate cuts will happen this year

At a closely watched meeting, Federal Reserve Chair Jerome Powell hinted that a much-anticipated rate cut will happen this year.

Fortune

Paul Krugman Says Bitcoin Is 'Economically Useless,' Crypto Users Blast Nobel-Winning Economist

Bitcoin, the world's top digital asset by market cap, is down in recent days after it nearly reached $70,000 over the weekend, and a well-known skeptic has re-emerged, calling the digital coin "economically useless."

International Business Times

Austerity was a disastrous political choice that we are still reeling from

Letters: Readers respond to the economist Paul Krugman’s article about the effects of the Tories’ most defining policy during the coalition years

The Guardian - UK

Labour 'lack ambition to reverse austerity', Nobel prize-winning economist warns

LABOUR’S plans for the UK “lack any ambition to reverse austerity”, a Nobel-prize winning economist has warned ...

The National (Scotland)

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Fortune

Remember, the U.S. doesn't have to pay off all its debt, and there's an easy way to fix it, Nobel laureate Paul Krugman says

"Given the political will, we could resolve debt concerns quite easily."

International Business Times

After A Bitter Break-up, Trump Makes Up With Billionaire Donors

In an electoral system in which money is the ultimate kingmaker, Donald Trump has been courting the country's billionaires -- and they have their checkbooks ready.

Salon

Who buys "taboo" conspiracy theories?

White men with graduate degrees, a new study finds, are highly likely to hold especially noxious beliefs

The Guardian - US

The Lede review: Calvin Trillin on the golden age of American reporting

A collection of work by a giant of New York journalism is both a joy and a lesson, particularly on objectivity and its limits

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Reason

California Senate Hopeful Barbara Lee Wants $50 Per Hour Minimum Wage

If you’re going to set arbitrary prices for labor, why not shoot for the moon?

The Guardian - UK

Are young people poised to slam the brake on endless economic growth?

The climate and cost of living crises make belief in expanding GDPs look as stale as last year’s mince pies. But when central governments rely on consumerism to shore up spending, it will be hard for ‘degrowth’ to gain any traction

The Guardian - UK

More public investment, not less, could lift advanced economies out of their malaise

Western nations are caught in a low-growth trap, with tricky political choices to make – but there is a way out

The Guardian - UK

The Guardian view on the austerity delusion: economies cannot cut their way to growth

Editorial: Economics is a religion where rhetoric persuades voters to believe bad policies can have good results

The Guardian - US

With democracy on the ballot, the mainstream press must change its ways

The American press is failing to adequately emphasize the stakes of the coming election

Zenger

Paul Krugman Warns Of ‘Very Nasty Fall’ For China

Unless the Xi Jinping-led administration returns to its communist roots, China's economy could experience a serious downturn.

The Week

Inflation vs. deflation: which is worse for national economies?

As sky-high inflation may finally be coming down for many major economies, falling prices and lacklustre growth in China are stoking fears of a deflationary spiral.

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