Krugman's right... no one really understand debt. If we did, then there would be no debate about it. Just ways to manage it that everyone would agree.
The other day I was asked what one single thing could do the most to save our economy. What one idea or tool might help us create a more just society? My answer was "shame."
The bottom line is that many difficulties lie ahead, but it doesn't look like congressional gridlock can do much more to limit growth.
It's hard to be hopeful about the world economic situation. But maybe you see yourself in Cohen's kind of depression: unwanted thoughts, irrational compulsions, excessive guilt.
From election day on, the Republicans have focused on getting Obama out of the White House, no matter the cost, no matter what the president says or stands for.
Since the onset of the global economic crisis, policymakers and media pundits have resisted using the "D" word, instead preferring terms such as the "Great Recession."
The criticism expressed by the pundits on the slate of Republican presidential wannabes has been quite fierce -- from the Left and from the Right. Ju...
Having listed the most overrated things about 2010 and the entire previous decade, it's now time to look back on the vintage year of 2011 - a year whe...
The man Paul Krugman describes as "a stupid man's idea of what a smart person sounds like" is having his brief turn atop the Republican polls, so it's necessary once again to contrast Newt's self-serving fantasies with actual facts from the real world.
Double the top tax rate! It's time for those who have benefited from our system to pull their own weight again. Or as politicians used to say but don't seem to anymore, "From whom much is given, much is expected."
So what do you do when financial analysts are warning that housing prices are headed for a "triple dip," the second largest Swiss Bank (Credit Suisse)...
It's time for Wall Street to pay reparations for the financial collapse it caused. It's time for a crash tax, a tiny sales tax on Wall Street transactions, the revenues from which would pay for Main Street restoration.
Do teen crushes ever really go away? Or does our judgment get better?
It isn't consumer debt, as much as the lack of income that has prevented consumers from spending enough to boost economic growth.
Let us listen to Elizabeth Warren for Massachusetts Senator in her campaign to reoccupy Ted Kennedy's Senate seat. The principles she espouses to restore the middle class will actually restore economic growth as well, if carried out.
Whether or not the the #Occupy Wall Street protesters explicitly adopt policy proposals or only generate political energy for the spirit of them, the Krugman/Stiglitz Army is at last on the march.