korrents

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A country's large trade deficit in manufactured goods reduces its manufacturing employment below what it would be with balanced trade.

Drawn from what Paul Krugman said

tariffs Taxes on imports: whether they close a trade deficit, what they do to prices, and what they are really for.

A private bookmark. Not a position, and never counted.

What Paul Krugman actually said

Word for word, with the source under each one. They did not write this page.

  1. Paul Krugman

    Trade economist, Nobel laureate in 2008 for his work on…

    America’s large trade deficit in manufactured goods does mean that we have fewer manufacturing jobs than we would if that trade were balanced.

Added to korrents 7 Sept 2026 · How quotes work · Something wrong? Tell us

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