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The Latest Breaking News from Paul Krugman

Nobel laureate Paul Krugman dismisses Elon Musk’s economic predictions, calling them conspiracy theories by a ‘recession truther’

The Princeton economist and New York Times columnist said tech billionaires are “often, in practice, easy marks for grifters and con men.”

Fortune

Commentary: Why we don’t need to tolerate higher inflation

Inflation is finally falling. Although the year-over-year inflation rate is still over 4%, well above the Federal Reserve’s 2% target, much of that reflects especially large price increases from last summer. As those unusual months cycle out of the data, the rate will likely keep dropping.

Tribune News Service

Money is about more than just survival

There may be anger over capitalism in the context of income and wealth inequality, but money is about more than just survival

The Hindu

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White House timidity on the debt ceiling is infuriating. What is it afraid of?

Administration officials are misreading the political moment – polls show the electorate is on the side of the president

The Guardian - US

Nobel laureate Paul Krugman says yes, Biden could mint a $1 trillion coin to avert the debt ceiling—but there's a better option out there

The Princeton professor and New York Times columnist said circumventing the national debt limit with a platinum coin could work, but public perception is the problem.

Fortune

Nobel laureate dampens expectations over A.I. like ChatGPT

Krugman doesn’t think A.I. is going to propel America toward an economic boom any time soon.

Fortune

Five ways cloud drives the future of FS

THE ARTICLES ON THESE PAGES ARE PRODUCED BY BUSINESS REPORTER, WHICH TAKES SOLE RESPONSIBILITY FOR THE CONTENTS

The Independent UK

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How to stop PM2.5

Re: "PM2.5: Endless deja vu in Thailand", (Opinion, March 13).

Bangkok Post

Paul Krugman Says Social Security Is Sustainable. It's Really Not.

Krugman sees benefit cuts as "a choice" but believes that implementing a massive tax increase on American employers and workers would be "of course" no big deal.

Reason

Prepare for a 'significant uptick' in inflation this week, top economist Paul Krugman says

Inflation likely rose last month, but it may not be a huge deal.

Fortune

Alan Kohler: The RBA is fighting for its purpose … and its life

Let’s have a sort of “upper-level extension” to the RBA in the fight against inflation, writes Alan Kohler.

The New Daily

'It really disturbs me to say this, but I think I agree with Larry.' Paul Krugman sides with frenemy Larry Summers on inflation fight.

Both economists think the U.S. Federal Reserve is just as likely to overestimate inflation as underestimate it.

Fortune

The Trillion Dollar Coin is really a thing. What you need to know about the off-the-wall solution to America's debt crisis.

As the U.S. rushes towards default, some say the Federal Reserve can use a trillion dollar (platinum or digital) coin to avert financial catastrophe. Could this work?

Fortune

Are Tesla's Price Cuts A Sign Of Impending Doom, Or The Opposite?

For years Tesla seemed unstoppable, and the stock soared. Conventional wisdom was that only a drop in demand would bring the rocket ship back to Earth.

InsideEVs

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Fortune

What is ‘supercore’ inflation? Economists are obsessing over a narrow slice of price data

Economists think excluding sectors like housing gives a better idea of what’s really happening with inflation.

Fortune

The market is watching the Fed like a hawk to see when it pivots. Too bad the Fed is split on what to do

Fed official James Bullard says interest rates have to go even higher to bring down inflation, while others disagree.

Fortune

Pausing interest rate hikes would be the Fed’s ‘worst mistake,’ Citadel’s Griffin says

Despite recession fears and inflation seemingly receding, Griffin says the Federal Reserve should stay the course with interest rate hikes.

Fortune

‘It’s very possible we are peaking’: IMF managing director says global inflation could soon be going down, while economist Paul Krugman says in the U.S. it might already be at 4%

Declines in rental prices and slowing wage growth could mean inflation is past its peak, but not everyone agrees.

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Evening Standard

£8 billion Shell profits fuel new windfall tax call

Economics is not a morality play. Don’t take my word for it – Paul Krugman said it first. In a 2010 blogpost I for some reason never forgot (alongside a host of random Arsenal scores from the early 2000s and Taylor Swift bridges), he wrote:

Benzinga

The Fed Is Skating To Where The Puck Was: Comparisons To Volcker's 1980s Inflation Are 'Conceptually Wrong,' Says This Economist

Unbeknownst to many, the gift for the 43rd anniversary of marriage is entertainment; to stretch it further, this fall marks the 43rd anniversary of a pivotal event in the history of the Federal Reserve and the U.S. economy.

Benzinga

Fed Governor Says Traditional Econ Data May Not Be Keeping Up With Inflation: 'Often A Mistake'

A Federal Reserve governor has suggested that traditional data sources and lagging economic indicators might not cut it anymore.

Al Jazeera

Is a global recession coming? More experts are raising the alarm

Figures including the head of World Trade Organization and Paul Krugman are expressing concern about economic outlook.

The Guardian - UK

Pound hits all-time low against dollar after mini-budget rocks markets

Odds of sterling hitting parity with dollar jump, as analysts say UK bond market ‘getting smoked’ by giveaway

Reason

Constitutionally Protected Lies and the Practical Difficulties with the Fact vs. Opinion Distinction

[I'm working on a draft article called When Are Lies Constitutionally Protected?, and I thought I'd serialize it here, since I still have plenty of time to improve it; I'd love to hear your thoughts on it! (You can also read the whole article here; all the posts about it…

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