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The Conscience of a Liberal

This relatively new blog, authored by New York Times editorial writer Paul Krugman, offers insightful, up-to-date analysis of news relating to the American economy.
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No deal

Sep 20, 2008
I hate to say this, but looking at the plan as leaked, I have to say no deal. Not unless Treasury explains, very clearly, why this is supposed to work, other than through having taxpayers pay premium prices for lousy assets. As I posted earlier today...

McCain on banking and health

Sep 19, 2008
OK, a correspondent directs me to John McCain's article, Better Health Care at Lower Cost for Every American, in the Sept./Oct. issue of Contingencies, the magazine of the American Academy of Actuaries. You might want to be seated before reading this...

Speculative Nonsense, Once Again

Jun 23, 2008
OK, one more try. First of all, I don't have a political dog in this fight. I'm happy to believe that crazy speculation distorts markets. And I do think it's likely that oil prices will come down, for a while, once consumers have a chance to respond ...

Interest rates: the phantom menace

Nov 20, 2009
What I think lies behind the surprising deficit squeamishness of the Obama administration, and why it's wrong-headed.

Exterminate! Exterminate!

Nov 20, 2009
Daleks and EU foreign policy.

Invisible bond vigilantes

Nov 19, 2009
It would be a very, very bad thing if the administration is intimidated into passivity -- or, worse, into neo-Hooverism -- by the threat from invisible, probably imaginary enforcers.

The AIG report

Nov 18, 2009
By itself, the AIG story would be damaging enough. But it's part of a pattern -- and that pattern has ended up undermining the economy's prospects, big time.

The madness of the inflation hawks

Nov 16, 2009
Monetary tightening shouldn't be on the agenda for a long, long time.

No deal


McCain on banking and health



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