Tagged: Paul Krugman

Krugman warns: uh-oh Canada

Nobel prize-winning economist and New York Times columnist Paul Krugman did some research before a visit to Canada, and found disquieting signs.

His conclusion:

I’m not making any predictions here, just noting that if we go beyond banking to ask about household balance sheets and risks thereto, things up north bear watching.

Hint: Read the comments, too.

Hat tip: Tim Bousquet

Krugman on government inefficiency

Liberal economist Paul Krugman is fielding questions in a live chat on the New Yorker website, in connection with a profile of him in the current issue. On the subject of the inherent inefficiency of government:

[G]overnment isn’t nearly as bad — or the private sector nearly as good — as it’s often portrayed. I know I lot of very good, very hard-working government employees; and while I don’t work for a large corporation, I do read Dilbert.