Paul Krugman: Fixing the Financial Crisis
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Paul Krugman: How did a few failed banks add up to a financial meltdown?by ZocaloPublicSquare18,571 views- 7:57
Peter Schiff on CNN 1 of 2. 12/6/2008by jortizz4,693 views
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CNBC 2008 Financial Crisis in Reviewby tocheeba2,823 views
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Paul Krugman Smacks Down George Will's BS Global Warming Claimsby RagingLib20,410 views
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Krugman/Smith05 -- The role of greed in the current financial crisisby Cringely3,457 views
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Paul Krugman: Getting out of the Financial Crisisby carnegiecouncil10,522 views
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Leveraging and deleveragingby marketplacevideos28,750 views
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Paul Krugman and Niall Ferguson debate the economic future of the global economy with CNN's Fareed Zakariaby iGOTNEXTBLOG36,537 views
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Paul Krugman on health care: it's a social responsibility.by SinglePayerShow7,160 views
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The BBC World Debate with Nobel Laureates 2008 (Nobel Minds) (5/5)by Halfaouine5,174 views
- 10:50
Rachel Maddow Show: Paul Krugman on the Failure of Reagonomicsby heathr4564,733 views
- 8:01
The BBC World Debate with Nobel Laureates 2008 (Nobel Minds) (1/5)by Halfaouine8,325 views
- 6:41
Paul Krugman: What will globalization look like after the crisis ?by EntrepriseGlobale3,803 views
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Clip of Tim Russert - Paul Krugman vs O'reillyby economistBR322,264 views
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F2T - Prof. Jagdish Bhagwati Discusses Trade & Environment Issuesby Freedom2Trade2,258 views
- 9:46
The BBC World Debate with Nobel Laureates 2008 (Nobel Minds) (3/5)by Halfaouine5,085 views
- 7:03
The BBC World Debate with Nobel Laureates 2008 (Nobel Minds) (2/5)by Halfaouine4,583 views
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Joseph Stiglitz, American economist, on resolving the global financial crisisby londonsummit7,965 views
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Krugman about the U.S. economy/global financial crisis. P5by qtyffubeab18333 views
@finarrykahn13 Answer 3: Well, savings are already record high. People are paying off their huge mortgages created by the housing bubble. This means they buy less which in turn leads to reduced production (not enough demand). Investors decide not to invest because they see no reason - their factories have already full supply and there are no need to hire more employees. Spending money is a way of increasing aggregate demand. I hope this helps.
celer1ty2 4 months ago
@finarrykahn13 Answer 2: Gold plays no role in a modern economy. One reason why gold might be expensive right now is because the yield on government bonds is very low. It has nothing to do with fear of inflation.
celer1ty2 4 months ago
@finarrykahn13 Answer: Because it's very hard to get inflation in a depressed economy. We actually had deflation during in 2008. Inflation occurs (roughly) when the money supply exceeds the growth in GDP. Also, there is something called 'money multiplier' which is the ratio between the money supply and monetary base. If the multiplier is low one can increase the monetary base without causing inflation.
celer1ty2 4 months ago
I want to hear an actual Keynesian help me here. How does spending and artificial infusion of credit / monetary supply not result in destructive inflation? Aren't the Consumer Price Indexes going up? Aren't oil and gold and other commodities at all time highs? Can someone explain what increased spending will do but increase consumption and demand, not savings and production? I am an economics neophyte drawn more to Austrian economics, but want to hear the other side of the story fairly.
finarrykahn13 9 months ago
Be fair, Economics Nobel Prize should be awarded to those Economists contributed best performance of economy to their countries, such as china,russia,brazil and india rather than those economist done bad job causing all financial crisis trouble in the world,like USA, UK and Europe 5 PIIGS. What the f is Nobel Economics prize means in these days. Always go to those economists coming from nations with poor performance economy. Their theories re bullshit & done no good to their countries!!!
TheMediator888 1 year ago
Paul Keynesian Krugman sucks.
return135 3 years ago
15 Feb 09
This guy is a proven economic genius.
WHY isn't he on the US governments 1st team?
Maybe he is~ FDCrab England UK
fabdrabcrab 3 years ago
One word: Balls.
Wrkoutguy08 3 years ago