01/10/2013 03:36 pm ET Updated Dec 06, 2017

WATCH: Paul Krugman on Jack Lew

Paul Krugman discusses with me President Obama's choice for Treasury Secretary, Jack Lew, as well as his reaction to public support for seeing him in that job.

"I probably have more influence doing what I do now than I would if I were inside trying to do the court power games that come with any White House -- which I don't think I'd be any good at, so this is fine," Krugman tells Bill. "What the president needs right now is a hard-nosed negotiator. And rumor has it that's what he's got."

Watch the full clip below:

The entire conversation between Bill Moyers and Paul Krugman can be seen this weekend on Moyers & Company. Check local listings.