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The Latest Breaking News from Paul Krugman

NZ is looking for a deal over Trump’s new tariffs – that could come with a high political price

When the Trump administration arbitrarily imposed 15% tariffs on New Zealand exports on August 1, up from a previously announced 10%, no one should have been surprised.

The Conversation

Elon Musk's Grok Became 'Vile' And 'Insane' After MAGA Pivot, Says Economist Paul Krugman

Economist Paul Krugman believes that Elon Musk’s Grok AI chatbot became “MechaHitler” because the latter tried to make the AI less “politically correct.”

Benzinga

Trump can complain all he wants – but he can’t stop his own economic mess

Between his tariffs and his regressive ‘big, beautiful bill’, the president is wreaking havoc – and he never learns

The Guardian - US

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Stock Market Today: Great Power Affairs Mesmerize Markets

The U.S. and China are at least talking about talking about tariffs, and investors, traders and speculators are showing a little less fear.

Kiplinger

Nobel-winning economist warns Trump’s tariff walk-back makes them ‘worse’ than they were in the first place

Economist and Nobel laureate Paul Krugman says Trump’s tariff pause is only making life harder for investors.

Fortune

After this, what more proof does Britain need that it can’t ‘cosy up’ to Trump?

With the US disengaging from its traditional relationship with Europe, we need to abandon our ‘red lines’ and rekindle ties with our neighbours

The Guardian - UK

A progressive DOGE? Yes, it's possible

We can recover from Elon's chainsaw tactics — by making government more responsive, effective and democratic

Salon

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'Malignant Stupidity', 'Weak': Economists On Trump's Tariffs

A wide range of economists are voicing alarm over US President Donald Trump's tariffs blitz, which has sparked a trade war that experts say could lead to a global recession.

International Business Times

Trump’s ‘liberation day’ could mean recession in the US and pain worldwide

The US president’s tariffs are vengeful and impetuous – and will have immense costs with no clear goal

The Guardian - US

The Guardian view on Donald Trump’s power grab: a coup veiled by chaos

Editorial: The US president is testing the limits of executive authority, sidelining Congress and enriching allies while destabilising the global economy

The Guardian - UK

Trump voters will be ‘brutally scammed’ during his term, Nobel economist warns

The president-elect has vowed to impose tariffs on leading trading partners

The Independent UK

This economist says the US needs price controls to tackle inflation: ‘We need to dare to think outside the box’

Isabella Weber says economists must design policies that people feel make their lives better – or the US could slide toward fascism

The Guardian - US

Top Economist Warns 'Easily Bamboozled' Trump Could Lose Trade War With Mexico: 'Other Leaders May Decide He is Weak'

Nobel Prize winner Paul Krugman warned that other global leaders could challenge Trump's threats and come out on top

Latin Times

I’ve joined Bluesky and it feels like a breath of fresh air – in some ways…

The flourishing new platform may be like Twitter once was. The problem is the limited algorithmic scope of all social media

The Guardian - UK

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Latin Times

Trump Voters Hanging on Promise to Fix Economy Are in For 'Rude Shock', Top Economist Warns

Paul Krugman, a Nobel Prize winner, said that inflation helped Trump get to the White House and, ironically, his economic program is set to be inflationary

Salon

The charm of Trump's "weave" beyond MAGA

Listen to the laughter when Trump insults the Wall St. Journal at a meeting of an Economic Club in any major city

The Independent UK

New audio reveals JD Vance accusing childless teachers of ‘trying to brainwash the minds of our children’

Republican vice presidential candidate made offensive remarks at a 2021 Center for Christian Virtue forum

Fortune

The Fed sits patiently and signals rate cuts will happen this year

At a closely watched meeting, Federal Reserve Chair Jerome Powell hinted that a much-anticipated rate cut will happen this year.

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International Business Times

Paul Krugman Says Bitcoin Is 'Economically Useless,' Crypto Users Blast Nobel-Winning Economist

Bitcoin, the world's top digital asset by market cap, is down in recent days after it nearly reached $70,000 over the weekend, and a well-known skeptic has re-emerged, calling the digital coin "economically useless."

The Guardian - UK

Austerity was a disastrous political choice that we are still reeling from

Letters: Readers respond to the economist Paul Krugman’s article about the effects of the Tories’ most defining policy during the coalition years

The National (Scotland)

Labour 'lack ambition to reverse austerity', Nobel prize-winning economist warns

LABOUR’S plans for the UK “lack any ambition to reverse austerity”, a Nobel-prize winning economist has warned ...

Fortune

Remember, the U.S. doesn't have to pay off all its debt, and there's an easy way to fix it, Nobel laureate Paul Krugman says

"Given the political will, we could resolve debt concerns quite easily."

International Business Times

After A Bitter Break-up, Trump Makes Up With Billionaire Donors

In an electoral system in which money is the ultimate kingmaker, Donald Trump has been courting the country's billionaires -- and they have their checkbooks ready.

Salon

Who buys "taboo" conspiracy theories?

White men with graduate degrees, a new study finds, are highly likely to hold especially noxious beliefs

The Guardian - US

The Lede review: Calvin Trillin on the golden age of American reporting

A collection of work by a giant of New York journalism is both a joy and a lesson, particularly on objectivity and its limits

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