JOIN OR RENEW TODAY
Paul Krugman famously predicted in 1998 that the internet would prove to be no more important than the fax machine. This error proceeds straight from his lack of economic understanding.
Booms and BustsLabor and WagesOther Schools of Thought
Paul Krugman is now claiming that reopening the economy and allowing people to go to work almost surely will cause a depression.
Labor and WagesValue and Exchange
Truckers are paid less now than in the 1970s because government regulators once tightly controlled competition, thus driving up the cost of living for everyone else.
The FedMoney and BanksMoney and Banking