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6 unusual facts about Paul Krugman


2008 United Kingdom bank rescue package

Paul Krugman the Nobel Prize winner for Economics stated in his New York Times column that "Mr Brown and Alistair Darling, the Chancellor of the Exchequer have defined the character of the worldwide rescue effort, with other wealthy nations playing catch-up."

Deficit hawk

Economist and opinion writer Paul Krugman has popularized the use of "deficit scold" in place of deficit hawk.

Intra-industry trade

The most comprehensive and widely accepted explanation, at least within economic theory, is that of Paul Krugman's New Trade Theory.

Jens Weidmann

In May, 2012, Weidmann's stance was characterized by US economist and columnist Paul Krugman as amounting to wanting to destroy the Euro.

Protectionism

Most economists, including Nobel prize winners Milton Friedman and Paul Krugman, believe that free trade helps workers in developing countries, even though they are not subject to the stringent health and labour standards of developed countries.

There are no atheists in foxholes

In September 2008, in the depths of the financial crisis of 2007–2010, both Ben Bernanke and Paul Krugman popularized a version of the quote in reference to financial crises.


Anthony Venables

He co-authored along with Paul Krugman and Masahisa Fujita the influential book The Spatial Economy - Cities, Regions and International Trade (2001).

Anti-austerity protests

There are also those like Nobel Prize winning Princeton economist Paul Krugman, who argue that austerity measures tend to be counterproductive when applied to the populations and programs they are usually applied to.

Economic policy of the George W. Bush administration

However, prominent social scientists, such as economist Paul Krugman and political scientist Larry Bartels, have pointed out that education fails to explain the rising gap between the top 1% and the bottom 99%, which has been the site of most increases in inequality.

Hari Seldon

At the 67th World Science Fiction Convention in Montréal, Québec, Canada, Paul Krugman, the Nobel Laureate in Economics, mentioned Hari Seldon.

Harvard International Relations Council

The HIR has featured scholars and policymakers from around the world, including Nelson Mandela, Samuel P. Huntington, Aung San Suu Kyi, Jeffrey Sachs, Shimon Peres, Paul Krugman, Chen Shui-bian, Amartya Sen, Gro Harlem Brundtland, Jimmy Carter, Zbigniew Brzezinski, Bill Clinton, Dick Cheney, Ban Ki-moon, N.R. Narayana Murthy, Ted Turner and Javier Solana.

Health insurance cooperative

Prominent economists such as 2008 Nobel Economics Laureate Paul Krugman and Robert Reich have also questioned co-ops' ability to become large enough to reduce health care costs significantly.

Philip N. Diehl

In January 2013, the platinum coin law received widespread media attention when Paul Krugman, a Noble Prize winning economist, and Laurence Tribe, a prominent constitutional law professor at the Harvard School of Law, endorsed a proposal to use the law to mint a trillion dollar coin.

Swedish banking rescue

In September 2008, economists Brad DeLong and Paul Krugman have proposed the Swedish experiment as a model for what should be done to solve the economic crisis currently affecting the United States.

The Agenda Project

The breakfasts have had over 100 notable speakers including US Senators Kirsten Gillibrand and Chuck Schumer, Nobel Prize winning economist Paul Krugman, and author Mona Sutphen.

Vast right-wing conspiracy

Two other figures who have used the phrase are Nobel laureate economist Paul Krugman and Journalist Joe Conason.


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