Paul Krugman
Paul Krugman is emeritus professor of economics and international affairs at Princeton University, Centenary Professor at the London School of Economics, and an op-ed columnist for The New York Times. In recognition of his influence The Washington Monthly called him “the most important political columnist in America.” In 2008, Mr. Krugman was the sole recipient of the Nobel Memorial Prize in Economic Sciences for his work on international trade theory.
Books by Paul Krugman
“His point is very clearly, ‘Spend more.’ Governments should spend more to stop this restraint, and by doing so, they will unlock greater economic activity and output. Importantly, he makes the point that greater output will lead to higher income for households and that the social cost of not doing so is extremely high. He says it’s not an issue of numbers. We think of economists as just being focused on the numbers, on the money. He makes the point that the human cost of a recession is very high. Because people can afford less, they eat less, they enjoy life less, and health outcomes are worse. His second point is, I think, uncontroversial: recessions are very painful events. We should really try to understand how to avoid them and how to mitigate them. I think that every economist or social scientist would agree on that. His first point—about the recession being unnecessary and being caused by excessive government restraint—is extremely controversial. Many people agree, and I think that many policymakers would agree, that governments should do more whenever possible. But it’s not a widely accepted conclusion. I think most of the authors of the books I have suggested would not subscribe to it.” Read more...
The best books on Fiscal Policy
Sergio de Ferra, Economist
Interviews with Paul Krugman
Books that Inspired a Liberal Economist, recommended by Paul Krugman
Paul Krugman, Nobel prize-winning economist, Op-Ed columnist for the New York Times, and Emeritus Professor of Economics and International Affairs at Princeton, discusses the books that most influenced his formation as a liberal economist.
Interviews where books by Paul Krugman were recommended
-
1
Rational Expectations and Inflation
by Thomas J. Sargent -
2
This Time Is Different
by Carmen Reinhart & Kenneth Rogoff -
3
The Economics of Sovereign Debt and Default
by Manuel Amador & Mark Aguiar -
4
End This Depression Now!
by Paul Krugman -
5
Austerity: When It Works and When It Doesn't
by Alberto Alesina, Carlo Favero & Francesco Giavazzi
The best books on Fiscal Policy, recommended by Sergio de Ferra
The best books on Fiscal Policy, recommended by Sergio de Ferra
The best way to run an economy remains one of the most challenging aspects for a country’s leaders, with enormous consequences for people’s well-being. Sergio de Ferra, a macroeconomist at the University of Oxford, introduces some of the ideas and debates, and explains why it’s so hard to really know what works and what doesn’t.
