Paul Krugman

Articles by Paul Krugman

Debt and Tax Cuts - Paul Krugman | Substack

Business August 24, 2026

Chart 1 Center for American Progress Federal debt is in the news. There were many headlines last week about the debt exceeding $40 trillion and now being bigger than the economy. There were also heaοΏ½...

Suddenly, Hormuz is Less Crucial Than It Was - Paul Krugman | Substack

Business July 15, 2026

Is Russia burning? Are we back at war with Iran? Did the war ever stop? The US is, once again, bombing Iran while Iranian drones strike shipping. Iran, giddy with its success in defying America, is οΏ½...

The Oil Squeeze Tightens - Paul Krugman | Substack

Business April 29, 2026

Still on vacation, but taking a brief vacation from the vacation to catch up on news and weigh in on something that is more important than Trumps ballroom: the ongoing consequences of Americas disastοΏ½...

Big Business Should End Its Faustian Bargain With Trump - Paul Krugman | Substack

Business January 20, 2026

When Donald Trump returned to power, Americas billionaires and the leaders of its biggest corporations rushed to prostrate themselves at his feet. Some of them, especially but not only among the techοΏ½...

America Has Become a Digital Narco-State

Crypto December 10, 2025

Imagine what would happen if the United States were to legalize the distribution and sale of heroin and do so without any restrictions or regulations on how the drug is marketed and who can buy it. οΏ½...

Vibecessions, Part II - Paul Krugman | Substack

Business November 24, 2025

Source: Strength in Numbers In October 2024, on the eve of the presidential election, the U.S. unemployment rate was 4.1 percent and the inflation rate was 2.6 percent. By historical standards, bothοΏ½...