America 33
- Trump and his inner circle hate democracy, the rule of law, and American values.
- Trump will retain an immense capacity to inflict destruction on America and its allies.
Paul Krugman
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.
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What Paul Krugman says most about
tariffs 11
- Trump inherited a relatively benign inflation picture and threw that inheritance away with his tariffs and war
- The resurgence in inflation is the responsibility of Donald Trump, due to his tariffs and the war in Iran.
energy 8
- A diesel export ban would likely increase energy costs in some parts of the United States.
- A diesel export ban would probably do little for U.S. affordability, would deter business investment, and would weaken America's hand against China on energy.
interest rates 6
- The AI boom is the main cause of soaring long-term interest rates.
- The Iran war appears to have had a triggering effect on financial markets, leading to a reset of market narratives about the future path of Federal Reserve policy.
politics 6
- A corrupt, partisan majority on the Supreme Court has given Trump a huge amount of untrammeled power.
- Corruption is becoming a serious problem for the Republican Party.
inflation 5
- The current outbreak of high inflation is all on Donald Trump.
- Trump inherited a relatively benign inflation picture and threw that inheritance away with his tariffs and war
China 4
- A diesel export ban would probably do little for U.S. affordability, would deter business investment, and would weaken America's hand against China on energy.
- By PPP there are three economic superpowers—the United States, China, and the EU—with China clearly largest and the US and EU roughly co-equal.
Europe 4
- France's membership in the euro area creates the possibility of an explosive debt crisis that could be destructive to European unity.
- By PPP there are three economic superpowers—the United States, China, and the EU—with China clearly largest and the US and EU roughly co-equal.
government 4
- Trump is globally hated but not feared, the opposite of where Machiavelli said a prince should be.
- Policymakers should avoid being boastful or belligerent so they can save credibility for when it is really needed.
war 3
- It is at least arguable that Ukraine's air campaign against Russian refining has played a disproportionate role in driving up diesel prices.
- The most obvious reason nations have stopped fearing Trump is the Iran war debacle.
climate change 2
- Climate denial is fueled by fossil-fuel financial interest, anti-regulation ideology, and psychological insecurity.
- Everything known about climate change suggests that what has been seen so far is just a foretaste of the disasters to come.
democracy 2
- Trump and his inner circle hate democracy, the rule of law, and American values.
- Mega-billionaires are more dangerous to democracy than the merely rich