Nobel Prize-Winning Economist Paul Krugman on Retiring from NYT | Amanpour and Company

Поділитися
Вставка
  • Опубліковано 19 гру 2024

КОМЕНТАРІ • 147

  • @justmyopinion9883
    @justmyopinion9883 2 години тому +17

    Mr Paul Krugman is one of the best economists in this country. Thank you for sharing this conversation.

    • @TheVeritas2100
      @TheVeritas2100 2 години тому

      ***Mr Paul Krugman is one of the best economists in this country.***
      Hilarious, what has he 'got right' ?
      Nada, Bupkis. Classic Keynesian, promotes the LARGE Governments, Large Deficits, Large Bureaucracies!
      How well is it working out for America ! ? NOT WELL !

  • @poppamichael2197
    @poppamichael2197 Годину тому +4

    We have all been enriched by the wisdom of Paul Krugman. Thank you, Paul. And thank you Cristiane and Michel for bringing this wonderful interview to us.

  • @user-nt-k91
    @user-nt-k91 3 години тому +114

    More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.

    • @PorterWunt
      @PorterWunt 3 години тому +1

      The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.

    • @wealthychronicle-i1u
      @wealthychronicle-i1u 3 години тому

      More reason I enjoy my day to day market decisions is that i'm being guided by a portfolio-coach, seeing that their entire skillset is built around going long and short at the same time, both employing profit-oriented strategy and laying off risk as a hedge against the inevitable downtrends, coupled with the exclusive information/analysis, it's quite impossible not to

    • @WilliamsJoy-t7q
      @WilliamsJoy-t7q 3 години тому

      talking about coaching, do u consider anyone worthy for recommendations? I have about 80k to taste the waters now that large cap stocks are at a discount... thanks

    • @wealthychronicle-i1u
      @wealthychronicle-i1u 3 години тому

      I've shuffled through investment coaches and yes, they can be positively impactful to an individual's portfolio, but do your due diligence to find a coach with grit, one that withstood the 08' crash. For me, Amy Lea Kohlert turned out to be better and smarter than all the advisors I ever worked with till date, I’ve never met anyone with as much conviction.

    • @CrystalJoy-32
      @CrystalJoy-32 3 години тому

      I just checked her out on google and I have sent her an email. I hope she gets back to me soon.

  • @_rrwwcox
    @_rrwwcox Годину тому +3

    My gosh! I love Paul Krugman so much!! What a mensch!!!

  • @SharylForster-om5uw
    @SharylForster-om5uw 5 годин тому +18

    Love and been following this amazing man for years !!

    • @TheVeritas2100
      @TheVeritas2100 2 години тому

      Krugman, a typical IDIOT, has NOT contributed to America one iota ! ... no loss !

  • @rolandnelson6722
    @rolandnelson6722 8 годин тому +32

    Paul is a phenomenonal writer.

  • @KTPurdy
    @KTPurdy 5 годин тому +20

    Well, we keep electing those who empower the elites.

    • @ByteSizedSociety
      @ByteSizedSociety 2 години тому

      I think it's like he said, we get a pay raise adjusting for the overall economy and then we are personally insulted by the government, when the higher prices finally land, thinking We as individuals are being targeted by The politicians in charge. It's our short -term mindset. It's a human thing.

  • @OutpostMJ
    @OutpostMJ 7 годин тому +29

    Paul, I admire you and have great affection for you. Thank you for lighting the path all these years. I will stay tuned. I'm 62, fled authoritarian Cuba as a 6yo, arriving 1968 with my parents -- quite a year. I'm convinced Trump/MAGA pose a traitorous existential threat to the United States -- it's Constitution , institutions, principles -- the social contract and the progress in justice for all. Again: I'll stay tuned to your writing in future.

    • @arthurswanson3285
      @arthurswanson3285 7 годин тому

      Why do Cubans blindly support Republicans when they pose the greatest threat to the constitution?

    • @garybarr1045
      @garybarr1045 3 години тому +1

      Well said! Go, Krug!

    • @vokoaxecer
      @vokoaxecer 3 години тому

      Were your parents plantation/slave owners that supported throwing away democratically elected government ?

    • @bogdan78pop
      @bogdan78pop 55 хвилин тому

      68% of Cubans voted for Trump.....maybe You as a People are NOT as Smart as you Think you are....!!!!!!!!!!!!!!!!!!!!!!

  • @monah5532
    @monah5532 4 години тому +15

    Thank you, Dr. Krugman, for sharing your insights, opinions and wisdom with so much decency and humanity for all these years. Wishing you all the best for this next chapter in your career.

  • @hemacdonald400
    @hemacdonald400 5 годин тому +17

    The most important thing to me is that Paul Krugman's pieces brought heart and soul to every word he wrote. I read the NYT everyday and I looked for his columns knowing I would find truth in his words. I don't know a lot about economics but Krugman helped me grasp why the pocketbook sways how we all assess our leaders. As a Canadian, I know how influences from out southern neighbour can destabilize us, but I am now better at understanding the reasons why thanks to Paul Krugman.

  • @normzehms3548
    @normzehms3548 6 годин тому +17

    Thank you for your service, Paul Krugman. Faire winds.

  • @user-wt3bk9nl5x
    @user-wt3bk9nl5x 8 годин тому +9

    Regards to Paul from Portugal.

  • @maxheadrom3088
    @maxheadrom3088 5 годин тому +6

    The 1929 Crash wasn't caused by fraud but by the little understanding of financial markets. The example is that Hoover asked the banks to push for regulation because he did not want that to be his initiative and the banks agreed but they also did not want that to their initiative and in the end nothing was done. However, after Roosevelt was elected then things changed - and changed a lot. After 2008 not only no one went to jail (except few low ranking persons), the Treasury saved the banks but did very little to help the home owners - even though a lot of people (including some financial institutions) proposed an arrangement between home owners and creditors that would basically allow the people to keep their houses. The Hoover/Banks dynamics also repeated itself: when the 2008 crash started there was a meeting in Washington and one Congressman proposed the Treasury should buy part of the failing banks to save them and afterwards sell the stocks. Once again nobody accepted that because "we are a free market economy and the government doesn't own banks". It took a long time for someone to do it - and it started in the UK when Gordon Brown started buying parts of British banks - and then the US started to do it. Both the Brisith and American governments later sold their shares and MADE A PROFIT!
    Two things helped create Trump's (and the fact that the person's name is Trump is not important because someone would appear to play that role) were not saving home owners and not sending fraudsters to jail. Those two things grew because very little was done to solve the underlying causes that are part of the system and that were put there by Reagan AND ALSO Clinton.
    Paul Krugman is a great economist and his columns were also published in Brazil by the oldest and most important newspaper we have, O Estado de São Paulo. He will continue to work and write so if someone lost with his retirement it's the Times - and there are very few people working there that have the type of respect people like Krugman or Hersh have.

    • @linda1lee2
      @linda1lee2 3 години тому +3

      in contrast, Iceland jailed its bankers.

  • @vititom
    @vititom 8 годин тому +9

    I started reading the paper 30 years ago, as a child, and two columnists I still love are Paul Krugman and Isaac Asimov.

    • @davidanalyst671
      @davidanalyst671 6 годин тому

      Everything you have read in the newspaper is a lie. Paul Krugman is the worst economist in thhe world.

  • @nrs6956
    @nrs6956 8 годин тому +8

    Excellent presentation. Thank you.

  • @brendatenorio5721
    @brendatenorio5721 7 годин тому +12

    Yes, there is, we were regarded as a benevolent hegemony and we are no longer. Evidence is clear but country leaders, media and society ignores the grotesque maladjustments abroad for all the world to see like Gaza. We are no longer a benevolent hegemon.

    • @ddhqj2023
      @ddhqj2023 4 години тому

      Sorry, but the USA has never been regarded as benevolent. Your government has started wars all over the world, your soldiers have killed innocents wherever they've gone and your corporations have leached the best out of every country they've gone into. America has the blood of 20,000,000 people on it's hands since the 2nd WW and that doesn't include your own soldiers.

  • @yramaroman9984
    @yramaroman9984 8 годин тому +11

    Thanks an excellent review of recent and present events!! 🙏🌹

  • @BenSussmanpro
    @BenSussmanpro 2 години тому +2

    A good columnist is not someone you always agree with, but someone who can articulate well-reasoned views & stimulate thought. Krugman did repeat the same themes often but on the whole he’s far more interesting than anyone else there; including holier-than-thou Brooks, Douchethat, Stephens, Goldberg, etc. Kristof’s a talented writer, but he goes off on tangents (ok, we know sex trafficking is awful, ok?!). And Bouie’s pretty good although sometimes predictable. The NYT should explore new writing talent!

  • @richardsimms251
    @richardsimms251 5 годин тому +7

    I may not always agree with Professor Krugman, but I sure listen to him.
    RS. Canada

  • @Patriot1789
    @Patriot1789 2 години тому +1

    I feel really horrible that Krugman will not be writing for The Times any longer. He has ever been a voice of reason about economics.

  • @sisekomarwai1367
    @sisekomarwai1367 2 години тому +2

    Paul Krugman a great public intellectual.

  • @Guizambaldi
    @Guizambaldi 5 годин тому +4

    Thanks, Paul. I'm an economist from Brazil and I learned a lot from you. I'm your fan #0: even more of a fan than #1. Thank you very much.

  • @boudiccamarchestorome9475
    @boudiccamarchestorome9475 9 годин тому +14

    Last good columnist at the NYT.

    • @gerriperreault6905
      @gerriperreault6905 8 годин тому +1

      Kristorf and french?

    • @boudiccamarchestorome9475
      @boudiccamarchestorome9475 8 годин тому +1

      @@gerriperreault6905 Meh. Kristoff on a good day....French, not so much.

    • @gerriperreault6905
      @gerriperreault6905 8 годин тому

      Highly recommend book by tim miller (2022)from the Bukwark on his movement out of MAGA. Dynamics and self deveptions apply to not just maga party.

    • @rzh3443
      @rzh3443 4 години тому +2

      The last of the true Keynesian economists.

  • @MarkWendland
    @MarkWendland 26 хвилин тому

    Best wishes for this new chapter, Paul. Glad you will still be engaged.

  • @rejean2744
    @rejean2744 5 годин тому +7

    Thank you Paul.

  • @wendymiller3364
    @wendymiller3364 8 годин тому +4

    People are aware of and tired of political games that are being played out on the national stage. End the games and trust would slowly grow back.

  • @brendatenorio5721
    @brendatenorio5721 7 годин тому +3

    In fact, all the wars, Iraq, Libya, Syria, Yeman, Sudan, Lebanon are all one war in support of one country in the region as history reveals. Iran is on the list but we haven't yet crossed that line on behalf of Israel yet. Yes, those failing democracies have followed the US in wars and been left in the dust economically with most of them without direct trade treaties that would help them, UK and Germany to name a few.

  • @rebeccapatterson649
    @rebeccapatterson649 3 години тому

    Thank you for all you’ve taught me!

  • @21Abel97
    @21Abel97 8 годин тому +2

    Thank GOD,!!

  • @power2me1
    @power2me1 4 години тому +2

    Retiring officially on the internet, which Paul famously predicted would be a fad, is ironical.

  • @ellenbruckermarshall4179
    @ellenbruckermarshall4179 3 години тому

    Following on Substack. Thanks for your hard work and good writing.

  • @antonomaseapophasis5142
    @antonomaseapophasis5142 4 години тому +2

    One of Krugman's great public services was communicating a coherent understanding of the healthcare issue.
    Perhaps a marker of the quality of the clarity that Krugman brought was that he developed it in association with Uwe Reinhardt.

  • @gerriperreault6905
    @gerriperreault6905 8 годин тому +5

    How do we get your newsletter?

  • @Jackson-y6x6s
    @Jackson-y6x6s 9 годин тому +3

    Bravo

  • @charmerci
    @charmerci 5 годин тому +2

    "...the feeling that the system is rigged..." FEELING???

  • @duncanbleak3819
    @duncanbleak3819 2 години тому

    One of my favorite policy wonks. Always a well considered take.

  • @AuntBAS
    @AuntBAS 50 хвилин тому

    Paul, please put your newsletter on UA-cam and leave it public. You will get ad revenue and lots of followers.

  • @VintageSoloHarmony
    @VintageSoloHarmony Годину тому

    If the highest net worth person had around $200 million and tax regime enabled a modest BMI and a generous EBIT at the low end, people would continue to trust the “elites” who crafted that policy. The 2003 and 2008 episodes would be long forgotten ( and had some redeeming features).

  • @jpgsf1978
    @jpgsf1978 3 години тому

    A good man !

  • @ScottStentenFilms
    @ScottStentenFilms 5 годин тому +4

    nothing about wealth inequality and 50 years of 60% of population going backwards,, thats why a nyt writer is out of touch, cant help myself to leave another un noticed comment,, keep ignoring us,,,,,,you both make allot more money and live in a bubble, this video is a prefect example,,,, i aint no bot either,,,,,

  • @gp92510
    @gp92510 4 години тому +1

    Because: record profitability, and productivity, and ZERO PARTICIPATION IN PROFIT BY WORKERS ...

  • @rayseyfarth
    @rayseyfarth 4 години тому +1

    We can't expect reason to win in a debate with emotion. Humans are far too swayed by emotions. A rational person would find it comical that Donald Trump would argue with an economist about who pays for tariffs. There is a lot which is unknowable about economics but the concept of tariffs is obvious. Too bad that the "American cultural revolution" ignores all experts.

  • @euwritingdownthebones9123
    @euwritingdownthebones9123 4 години тому

    We need Krugman's info during the next four years! Where can we find his newsletter, outside of the NYT?

  • @Wrensan
    @Wrensan 4 години тому

    I always read your column

  • @paulkern7229
    @paulkern7229 5 годин тому

    Congrats, Mr Krugman. I cancelled my subscription six months ago. You were the only reason I considered not doing that.

  • @garbonomics
    @garbonomics 5 годин тому +2

    Paul Krugman serves as a prime example of an “elite” who has undermined public confidence in “experts.” I could provide countless examples of Mr. Krugman misleading the public or offering ideologically driven interpretations of economic events rather than empirically supported analyses. This is precisely why the meme says, “Who is Paul Krugman? The guy who plays an economist on TV.”

    • @paulkern7229
      @paulkern7229 5 годин тому +2

      BS

    • @georgine321
      @georgine321 5 годин тому +4

      Please, share some examples with us. What meme?

  • @JohnTravena
    @JohnTravena 3 години тому

    It’s about time he retired. Maybe there wouldn’t be such an erosion of trust in our institutions if he and the Democrats hadn’t kneecapped Bernie. *Some people who pay attention to the news voted for Jill Stein.

  • @WOKE-di7mc
    @WOKE-di7mc 3 години тому

    My bills were inflated horribly for the coming yr. Property Taxes, Home & Vehicle Ins, Medical Insurance & Electricity Costs.
    No Wages can absorb these WA STATE increases. Meanwhile, U get daily phone calls from realtor Hedge Fund Criminals 2 SELL.

  • @pomme4moi
    @pomme4moi 4 години тому +1

    Glad he’s retiring. We’ve had enough of his nonsense.

  • @ear4funk814
    @ear4funk814 3 години тому +1

    Paul ... you will be missed in NYT. Your logic unfortunately goes unheeded to most people ... great to hear you'll still be giving your comments in other capacities. You warned everyone very early ... a lot of us readers got it ... unfortunately a majority of folks are just interested in immediate gratification, and wouldn't come close to reading the NYT.

  • @numbersix8919
    @numbersix8919 3 години тому

    "Reign of Error" - error, really? What a shameful level of deceit! In the service of mass murder. For shame, Krugman! Eternal shame and disgrace!

  • @mnemonija
    @mnemonija 3 години тому

    New York Pravda is probably relieved.

  • @lewismcfarland4481
    @lewismcfarland4481 4 години тому +1

    Thank you Dr. Krugman for all years of exceptional analysis. I suggest you might look at the chaos after the Bubonic pleague in 1352 as an example of what may be partially happening now after Covid. I suggest Powers and Thrones
    A New History of the Middle Ages
    by Jones, Dan
    I will be looking for your newsletter.
    Have a good holiday and a Merry Christmas.

  • @pcrockett5967
    @pcrockett5967 8 годин тому +11

    He is so out of touch with the paycheck to paycheck worker. Their wages have not kept up with inflation. Education, housing, medical and food costs have soared. BTW - why did that $50 trillion go only to the top 5%?

    • @victoriawhitworth9400
      @victoriawhitworth9400 8 годин тому +7

      I’m one of the paycheck to paycheck workers. Do you really believe Trump’s billionaire tax cuts will help us?

    • @vititom
      @vititom 8 годин тому +5

      YEAH! Elon Musk, Jeff Bezos, and Trump really know what the average man deals with. Of course! 🤣

    • @mstrider80
      @mstrider80 7 годин тому

      He argued sweatshops are better than homelessness. It sounds like he has some major screws loose when it comes to forming arguments.😮

    • @Monotremata
      @Monotremata 6 годин тому

      "BTW - why did that $50 trillion go only to the top 5%?"
      That massive transfer of wealth is the result of a long-running right-wing conservative project to capture the institutions and the federal courts. Since Reagan's presidency, the right-wing zealots have advocated for repeated tax cuts - tax cuts structured so that the wealthy donor class and corporate class would reap the bulk of the benefits and additionally starve the government of revenue. Use the resulting red ink to manufacture a deficit crisis so that cuts to social programs can be justified as 'difficult choices' - any GOP politician knows that campaigning on promises to eviscerate/destroy/eliminate Social Security, Medicare, and Medicaid is a losing strategy, so they have to be more brazenly deceitful.
      The entire modern GOP is out of touch with the average worker who is living paycheck-to-paycheck. Any Republican who claims to be on the side of the blue-collar worker or 'Joe lunchpail' is lying to you. The GOP is a valet service to the wealthy and corporate classes. Our government deficit and national debt are testament to the fiscal recklessness of the GOP.

  • @Max-su5tc
    @Max-su5tc 5 годин тому +4

    If I had compiled a list of what Mr. Krugman has said that are proven wrong, it would be a book. This is not merely a batting average game. It is about basic academic integrity and honesty. Instead of deriving conclusion from facts and data, he formed an opinion and then patch together a plausible “evidence” to justify. In particular his writings about China could not have been more wrong. Some of them are just plainly racist. RIP Mr. Krugman. Your time is up.

  • @Truthseeker371
    @Truthseeker371 3 години тому

    The free and global trade is rather a new practice since the end of WWII. Only 80 years ago. The pros and cons are many on this economic activity. The imbalance of trade and values is creating inequality of income distribution. However, looking back these years, no doubt economic and material wealth improvement is obviously achieved all over the world, even in once was poverty and inequality stricken Africa. The issue we face in the affluent time is how to minimise obstacles that create increasing inequality of economic and social wealth accumulation. For that purpose, we need to educate ourselves to be aware of the world financial institutions and system that are designed to facilitate advantages for the elites. We need the old fashioned credit unions, scholarships, and financial enlightenment that we can come to realize we can live without vetting on materialism and consumerism. It all takes individual conscience. Self-sufficiency is the most absolute.

  • @hamsterg0d
    @hamsterg0d 4 години тому +1

    Promoting Keynesian fallacies.

  • @lisamay4376
    @lisamay4376 4 години тому

    So, do you think management at the NYT got Brett Stephen’s to write his stupid column this week?

  • @GC21771
    @GC21771 6 годин тому +1

    Is Nationalism sort of a fall back or default for citizens that cannot seem to identify a successful societal structure, e.g. (socialism) or (capitalism) that can lift them up ?

  • @joechildrey9252
    @joechildrey9252 57 хвилин тому

    Poor guy has been wrong about just about everything.

  • @davidlipkind9629
    @davidlipkind9629 5 годин тому

    Ya, Kudlow is the guy that really hit it out the park. Not!

  • @MR-tn5kv
    @MR-tn5kv 4 години тому +1

    “Economist” 🙄

  • @Mickey63487
    @Mickey63487 4 години тому +1

    The world is a better place since he retired. Most clueless economist in our generation. “The internet is a fad.” How he won a Nobel prize is unbelievable and diminished the value of the award.

  • @vivalaleta
    @vivalaleta 3 години тому +1

    The solitary reason Krugman won the Nobel Prize is that he backs corporate capitalism. Look to finer economists, like Wolff, Desai or Hudson if you want to understand the economy.

  • @davidjknell
    @davidjknell 4 години тому +1

    There is no such thing as a Nobel prize in Economics.

  • @doug3691
    @doug3691 3 години тому

    Enjoy your "retirement", Paul.

  • @Wrensan
    @Wrensan 4 години тому

    Is the market going to crash?

  • @mns8732
    @mns8732 4 години тому +1

    First comments were highly critical but somehow PK's cheer leaders appeared.

  • @davidwestwater2219
    @davidwestwater2219 2 години тому

    Just go you never deserved the prize

  • @billwilson1320
    @billwilson1320 4 години тому +1

    Just a pity he doesn't understand economics. He won't be missed.

  • @GrinGillis
    @GrinGillis 4 години тому

    Internet will be as inconsequential as the fax - Paul Krugman. Put that on his tombstone! 😀

  • @WOKE-di7mc
    @WOKE-di7mc 3 години тому

    As w/Afghanistan Lessons. Basic Cultures R difficult 2 change. Humans with admirable, courage recognize & try 2 understand other Human’s ideologies. Diverse knowledge is beneficial. “🤖” Use all Human recorded Data.

  • @DanielWoods-m5x
    @DanielWoods-m5x 5 годин тому +1

    He looks so worn and can’t hide his depression and knows America is dead

  • @ricardocuadrafajardo581
    @ricardocuadrafajardo581 6 годин тому +1

    I believe Paul got beat up quite a bit when a kid for telling the truth 😢

  • @christianleblanc2842
    @christianleblanc2842 2 години тому

    Well...bye.

  • @Rafi2002M
    @Rafi2002M 7 годин тому +3

    The most wrong and self-important economist.

  • @mmates007
    @mmates007 8 годин тому +3

    Boo hoo.

  • @jmpawluk1
    @jmpawluk1 7 годин тому +3

    What about the cost of housing, healthcare, and education, Paul? You think that's reasonable? Our society is dying under those expenses. What about globalism? Are you and Tom Friedman ever going to admit how colossally wrong you were about the social, economic, and strategic costs of de-industrializing America? You were a fool. And your followers are ever bigger fools. Good riddance to you.

  • @davidanalyst671
    @davidanalyst671 6 годин тому +2

    Its a sad day when Paul Krugman retires.
    We must reflect on his post about inflation. Inflation is 2% if you take out housing, food, car expenses, oil, and clothes.
    I am sad that Paul Krugman is retired, but Im not going to miss his tweets that are obviously wrong, his podcasts which are obviously wrong, his column which I read one time and promised to never read again, his videos which are complete economics lies, and his interviews which are the dumbest economist I have ever heard. Other than those few examples of Paul Krugman lyinng about economics and the best path for America, I will be sad that hes retiring

  • @willpierson5138
    @willpierson5138 8 годин тому +2

    Glad to see this Kook go…..always wrong….never admits it.

    • @TheVeritas2100
      @TheVeritas2100 2 години тому

      yep, another useless Keynesian Economist .. ALWAYS WRONG ! Good Riddance !

  • @letitflow1120
    @letitflow1120 2 години тому

    This guys a real POs

  • @Pasta-B1FBA
    @Pasta-B1FBA Годину тому

    ♟️we are the new normal BGR 🛋

  • @hipsabad
    @hipsabad 5 годин тому +1

    a fact we should always keep in mind is that this woman, like Walter Isaacson and the other journos on PBS, are people with superficial understandings of the world

    • @Ginrinotsuba
      @Ginrinotsuba 4 години тому

      Let’s dissect this yo, so I, not, we, see you point. You, run. Therefore, should you be serious? If you run on, why? Why you run on?