What Paul Krugman thinks about market efficiency
Trade economist, Nobel laureate in 2008 for his work on economic geography, professor emeritus at Princeton and the CUNY Graduate Center, and a New York Times columnist from 1999 to 2024. Now writes on Substack.
Paul Krugman did not write this page.
We collected these quotes from things they published elsewhere, and every quote links to where it was said. They have no account here and have not endorsed this site. Quotes are word for word; the short line under each one is our own restatement, not their wording. Their own site. Is this you? Claim it or ask us to remove it. Or tell us what is wrong here.
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1 dated position, 2026, in their own words. Our reading of what Paul Krugman has said — not written or endorsed by them.
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Their wordsStock prices are, after all, a notoriously unreliable indicator of the state of the economy. Too often reflect by fads and fantasies, with online trading driving them to greater extremes.
↗Booms, Bombs and Bonds: Interest Rates, Part Ipaulkrugman.substack.com