Author Archives: MG-PT

Week 31, 2013, further reading


Structural Humbug by Paul Krugman, NYT ———————————————————— Models and Mechanisms (Wonkish) by Paul Krugman, NYT ———————————————————— ZLB Models? – Mainly Macro ———————————————————— Sex, Money and Gravitas by Paul Krugman, NYT ———————————————————— Chaos Looms by Paul Krugman, NYT ————————————————————

Posted in Further reading, HomeWork, Links, Mainly Macro, Paul Krugman, Simon Wren-Lewis | Leave a comment

Week 30, 2013, further reading


Fox News Host Attacks Muslim Scholar Who Wrote About Jesus ———————————————————— When is the time for austerity? by Alan Taylor, Vox ———————————————————— Gimme That Old-Time Macroeconomics by Paul Krugman, NYT ———————————————————— Euro Crisis is Just Beginning, Global Collapse is Coming ———————————————————— Are … Continue reading

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Paul Krugman: Potential Mistakes (Wonkish)


  Update: I should have mentioned that the CBO doesn’t use the filtering method in its estimates for the US; as best I understand it, it uses a production function approach that is much less likely to interpret a prolonged … Continue reading

Posted in Japan, Paul Krugman | Leave a comment

Paul Krugman: Rationality and the Euro


  Simon Wren-Lewis, for once, has a happy story to tell. He looks back at Britain’s fateful decision, ten years ago, not to join the euro, and argues that the decision was made on the basis of — gasp! — … Continue reading

Posted in Euro, EZ, Paul Krugman, Simon Wren-Lewis | Leave a comment

Week 27, 2013, further reading


Rationality and the Euro by Paul Krugman, NYT ———————————————————— Austerity Won’t Work if the Roof Is Leaking by ROBERT H. FRANK, NYT ———————————————————— Nobody Pays Any Attention To What I Say by Paul Krugman, NYT ———————————————————— E Pluribus Unum by Paul Krugman, NYT ————————————————————

Posted in Europe, Further reading, HomeWork, Links, Martin Wolf, Paul Krugman, Wolfgang Münchau | Leave a comment

Paul Krugman: Nobody Pays Any Attention To What I Say


  Or that’s what people keep telling me. Actually, one of the odd but revealing things about modern conservatives is the way they alternate between paranoia about the vast left-wing conspiracy and insistence that people who disagree with them are … Continue reading

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Paul Krugman: The Always-Wrong Club


  Aha. Floyd Norris reminds us of the 23-economist letter from 2010, warning of dire consequences — “currency debasement and inflation” — from quantitative easing. The signatories are kind of a who’s who of wrongness, ranging from Niall Ferguson to … Continue reading

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Paul Krugman: Wells, Hitler, and the World State


  John Holbo has a fun post about the old H.G. Wells-based movie Things to Come, which embodied a vision of the future that used to be quite popular among intellectuals — that of a temporary dictatorship, not of the … Continue reading

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Week 26, 2013, further reading


The Always-Wrong Club by Paul Krugman, NYT ———————————————————— Careless talk may cost the economy by Martin Wolf, ft.com ———————————————————— Florida Versus Spain, An Update by Paul Krugman, NYT ———————————————————— Nova SBE is once again the sole Portuguese school in the FT Finance ranking We … Continue reading

Posted in Europe, Further reading, HomeWork, Links, Martin Wolf, Paul Krugman, Wolfgang Münchau | Leave a comment

Paul Krugman: Florida Versus Spain, An Update


  I’ve suggested on a number of occasions that one good way to understand the problems of the euro is to compare the experiences of Florida and Spain. Both had huge housing bubbles, fed in part by buyers of coastal … Continue reading

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