Word: krugman
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Krugman, Paul •Cheney, DeLay and Rove are called "monsters...
Even the famous are working feverishly to cash in. Paul Krugman, who just won the Nobel Prize for Economics, is having one of his backlist titles brushed off and reissued with revisions. Publisher W.W. Norton & Co. is lengthening the title of 1999 book The Return of Depression Economics with an appendage: ... and the Crisis of 2008. Krugman has agreed to write three new chapters, revise two and eliminate two. He started writing two weeks ago in order to make the release date...
...When economists talk about such matters, they focus on the concept of productivity. "Productivity growth," wrote economist (and now Nobel laureate and New York Times columnist) Paul Krugman back in 1990, "is the single most important factor affecting our economic well-being." It was growth in productivity - most commonly measured as economic output per hour worked - during the Industrial Revolution that powered the rise of the West out of millenniums of stagnation. It was a productivity boom that ushered in America's postwar era of mass affluence...
...lengthy productivity slump beginning in the early 1970s that created concern among economists such as Krugman. Low productivity growth explained much of what had gone wrong with the U.S. economy: stagnant wages, high inflation, ground lost to Japan. But what caused it? The most convincing explanation came from Northwestern University's Robert J. Gordon. In the early and mid-20th century, he argued, the U.S. benefited from a spectacular confluence of technological innovation involving electricity, the internal combustion engine, petrochemicals and communications. By the 1970s the economic impact of innovation in these fields had waned, and nothing came along...
From zero to hero, Brown now basks in international acclaim. A French newspaper dubbed the British pol "the resuscitated magician," and Paul Krugman, the freshly minted Nobel economics laureate, said Brown "may have shown us the way through this crisis...