Paul Krugman+

Biden Derangement Syndrome

Even the Trump sycophants realize that they’re in big trouble

Der Untergang

How badly will Trump punish America?

Losing the Iran War: The Economic Front

The D in Bessent’s “D-Day” stands for Dud

The Moose That Roared

Why Trump will lose his war with Canada

Debt and Tax Cuts

How did U.S. debt get so big? The answer may surprise you

Jared Bernstein on Debt (Reposted with better transcript)

How worried should we be?

Defending the Bonds

I am reporting for duty

Scott Bessent Fails to Gaslight the Market

What doth it profit a man if he sell his soul and can’t even manipulate the 30-year?

The Case Against Bond Market Panic

Don’t let the Very Serious People undermine a progressive agenda — again

What Are Bond Markets Telling Us?

Interest rates are up — but don’t panic

A New Level of Trumpian Evil

North Korea is the worst government on Earth; Trump prefers it to the prosperous democracy next door

The Misery Will Continue Until Morale Improves

Why Trump is eviscerating the military

Demography, Deportations and the Trump Stall

Why the American jobs machine is sputtering

Vanessa Williamson on Taxes and Democracy

What tax history teaches us about this dire moment

The Case for a Medicare Buy-In Option

Mandates vs options: The good, the bad, and the feasible

Why Isn’t the Price of Oil Even Higher?

This is your economy on crack (spread)

The Rise of the Measles-Industrial Complex

Why MAGA wants children to get sick and die

The U.S. Healthcare System is Already Mostly Socialized

And there’s nothing radical about wanting to end insurance company parasitism

What Malta Tells Us About Oligarchy

Europe is weak on tax cheats. Trump is on their side

Against Oligarchy, Part III: Taxing Capital vs. Taxing Labor

How the American tax code has swung against workers, and why it matters

Talking With G. Elliott Morris About the Midterms

Why he says this is a wave election.

News of the Weak (Labor Market)

A note on this morning’s report

Lying Liars Lie to Each Other Too

A bad-faith government is also an incompetent government

The Good News Trump Won’t Mention

Crime is plunging, but he can’t handle that truth

An Explosion of Misery

Making American hungry and uninsured again

The Oligarchs are Doubling Down on Republicans

And Democrats should make the most of it

How China Won the Iran War

Trump has shattered American power, and Beijing is picking up the pieces

Geoeconomics, Part I: Ranking Economic Superpowers

We’re #1! Or maybe #2. Or maybe …

Silent Saturday

A peaceful, queasy feeling

The Bond Market Doesn’t Like Bullshit

Why Kevin Warsh just bombed

Reality is a Communist Plot

Of MAGA and the totalitarian mindset

When the Chips Are Down

This feels like the end of the beginning

The Putinization of the American Military

When poseurs and yes-men run a war

The Fire This Time

The willful ignorance, it burns

Against Oligarchy, Part II: Wealth Taxes

Going where the money — and the power — is

Talking Again With Gabriel Zucman

Oligarchy, wealth taxes, and more

Quagmire of the Vanities

Why the world economy is still at risk from the Iran debacle

Elon Musk, the New Hero of Populism

The useful narcissism of the new class of oligarchs

Oligarchy and the Media

Can the takeover be stopped?

Oy, Canada Tariffs

How to lose friends and influence nothing

Trump’s War on the Future, Monetary Edition

Trying to punish Brazil for adopting a better payment system

Against Oligarchy, Part I: Progressive Taxation

The history and theory of taxes on the elite

Lina Khan on AI and More

Talking with one of our sharpest minds on market power

Trump Can’t Get No Respect

His biggest lie wasn’t about elections

Democracy in an Age of Powermaxxing

The billionaire backlash has finally arrived. But is it too late?

The Forever War Gets Scary

But I'm not talking about bombs and drones

Suddenly, Hormuz is Less Crucial Than It Was

Why? Because the real energy crunch is coming from the Russia/Ukraine war

Oligarchy in Action: The Case of Corporate Tax Cuts

How big money trumps the people’s will — and how to reclaim democracy

AI in an Age of Oligarchy

Why extreme inequality will magnify the social, political and economic downside of technology

Dennis Kelleher of Better Markets

How "termites" are undermining financial stability

An Encouraging Encounter With Real Americans

What I did yesterday

The Heat Is On

And the cost of climate change is getting serious

The Pain in Spain is Mainly in Trump's Brain

This isn't about economics, it's about mental health

The Apotheosis of Willful Ignorance

All of this was predictable and predicted

What Happens When Americans Realize How Miserable We Are?

Life is about more than GDP

Modeling the US-Europe Paradox (Very Wonkish)

A brief, incomprehensible technical note

Remember Tariffs?

The Iran war isn't the only big, illegal, stupid policy

Will our Hyper-Gilded Age Usher in Genuine Populism?

The tech bros are worse than the robber barons ever were — and voters are catching on

Is Europe in Economic Decline?

Interrogating the conventional wisdom that Europe is lagging America

Day Off

For real, probably

Unlocked Repost: Curing U.S. Health Care, Part I

America doesn’t have to be like this

The Super-Rich are Different from You and Me

They're pettier and more self-centered than most of us can imagine

Grand Theft Oil Futures

Insider traders keep making a killing at our expense

MAGA Will Kill Many Americans

Greed, willful ignorance and mortality

Don't Cry for Jeff Bezos's Yacht

He's selling it to avoid attention. Good.

Trump Is Losing a Second War

The Iran debacle is accelerating the shift away from fossil fuels

The Death Star Administration

Doubling down on big and stupid

Curing U.S. Health Care, Part II

How we got to Obamacare

How Trump Screwed Himself

Talking with Greg Sargent

Who Are You Gonna Believe, Trump or Your Lying Eyes?

The emperor’s new clothes, gas prices edition

The Logic of NACHO

The only available deal is no deal

The Oil Squeeze Tightens

Time is not on the world economy’s side

Talking Vibes With Jared Bernstein

More on why people feel so bad about the economy