Paul Krugman

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The intense resistance by some to scientific findings on climate change is difficult to understand. Some climate change deniers present their case wit(...)

French connection: Thomas Piketty. Photograph: Ed Alcock/New York Times

Since its publication in English, in March, Thomas Piketty’s Capital in the Twenty-First Century has been hailed as the most important economics bo(...)

The real war on coal, or at least on coal workers, took place a generation ago, waged not by liberal environmentalists but by the coal industry itself. And coal workers lost. Photograph: Michaela Rehle/Reuters

There are three things we know about man-made global warming. First, the consequences will be terrible if we don’t take quick action to limit carbon e(...)

French economist and academic Thomas Piketty, poses in his book-lined office at the French School for Advanced Studies in the Social Sciences (EHESS), in Paris. Photograph: Charles Platiau/Reuters

French economist Thomas Piketty published a detailed 4,400-word defense of his best-selling book on income inequality against allegations that he reli(...)

French economist and academic Thomas Piketty, poses in his book-lined office at the French School for Advanced Studies in the Social Sciences  in Paris. Photograph: Charles Platiau/Reuters

Thomas Piketty, the French economist who wrote a best-selling book on inequality, has defended his work against criticism by the Financial Times of sh(...)

The advent of “big data” is a well-documented aspect of our digital age. But the abuse of statistics is also a well-known phenomenon; telling lies wit(...)

Thomas Piketty’s  “Capital in the 21st Century” has fuelled fierce debates about inequality. Photograph: Ed Alcock/New York Times service

It is one of the unlikeliest bestsellers in memory – a 685-page tome full of historical census and tax data and literary allusions to the likes(...)

Doing what the US did after the second World War – using low interest rates and inflation to erode the debt burden – is often referred to as “financial repression”, which sounds bad. But who wouldn’t prefer modest inflation and a bit of asset erosion to mass unemployment?

Econonerds eagerly await each edition of the International Monetary Fund’s World Economic Outlook (...)

People line up for a food giveaway programme at MacArthur Park in Los Angeles, California, recently. Disposable income in the US and Britain is much more unequally distributed than in France, Germany or Scandinavia. Photograph: Reuters

Most people, if pressed on the subject, would probably agree that extreme income inequality is a bad thing, although a fair number of conservat(...)

Olli Rehn has undoubtedly been stung by the many critics of austerity, not least Paul Krugman, who coined the term “confidence fairy” when describing the intellectual flimsiness of austerity’s rationale. Photograph: Ian Waldie/Bloomberg

The European Commission is forecasting more of the same: the region’s economies will continue to grow at a slow rate, albeit with some welcome (...)

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