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The American economy is still, by most measures, deeply depressed. But corporate profits are at a record high. How is that possible?…
Paul Krugman
Paul Krugman is an American economist and journalist who received the 2008 Nobel Prize for Economics for his work in economic geography and in identifying international trade patterns. He was also known for his op-ed column in The New York Times.
Back in 2010, self-styled deficit hawks — better described as deficit scolds — took over much of our political discourse. At a…
Remember Rosie Ruiz? In 1980 she was the first woman to cross the finish line at the Boston Marathon – except it…
Mitt Romney’s choice of Paul Ryan as his running mate led to a wave of pundit accolades. Now, declared writer after writer,…
A couple of weeks ago the Northeast was in the grip of a severe heat wave. As I write this, however, it’s…
Florida’s now-infamous Stand Your Ground law, which lets you shoot someone you consider threatening without facing arrest, let alone prosecution, sounds crazy…
So Greece has officially defaulted on its debt to private lenders. It was an “orderly” default, negotiated rather than simply announced, which…
Call me peculiar, but I'm actually enjoying the spectacle of Mitt Romney doing the Dance of the Seven Veils – partly out…
In 2011, as in 2010, America was in a technical recovery but continued to suffer from disastrously high unemployment. And through most…
Consider the following picture: Recent growth has relied on a huge construction boom fueled by surging real estate prices, and exhibiting all…