Paul Krugman
Paul Krugman is an economist by training, with a focus on international trade and finance. He has taught at M.I.T and Princeton University among other places, and is now a distinguished professor at City University of New York Graduate Center. Krugman is the author (or editor) of 27 books and is one of the founders of the
Biography:
https://www.nytimes.com/column/paul-krugman
83%
The Daily's Verdict
This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.
Bias
86%
Examples:
- Most of the articles are opinion pieces, which include the author's personal views and interpretations.
- The author shows a clear bias towards the UAW and against corporate interests in one of the articles.
Conflicts of Interest
85%
Examples:
- The author has no financial stake in anything they write and no connection with any political campaign.
Contradictions
81%
Examples:
- Britain's debt ratio at the end of World War II was far higher than that of the US.
- Japan's debt ratio is higher than that of the US.
- The rate of price increases over the past year was much slower than it was during inflation's peak in 2022.
- The US government's debt is over $34 trillion.
Deceptions
80%
Examples:
- The article is an opinion piece and includes the author's personal views and interpretations, which may not be entirely factual or unbiased.
Recent Articles
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Broke On: Thursday, 25 July 2024Former President Trump's selection of Ohio Senator J.D. Vance as his running mate for the upcoming elections has sparked controversy due to Vance's past comments about childless women and foreign policy positions. Some view Vance as a bridge to a new generation and an effort to cultivate an emerging counter-elite, while others criticize him for divisive remarks. Notable figures in Silicon Valley and on Wall Street have publicly supported Trump, potentially signaling a realignment of power within the American political landscape. The Controversial Meaning of 'Political Discourse' in Recent Debates
Broke On: Thursday, 25 July 2024The political landscape has seen a contentious debate over the meaning and implications of the term '...' in recent discussions. Paul Krugman: Debunking the Alarm Over the US's $34 Trillion National Debt
Broke On: Saturday, 08 June 2024Nobel laureate Paul Krugman argues that the U.S.'s $34 trillion national debt, mostly owed domestically and in its own currency, is not cause for alarm. Historically high debt levels as a percentage of GDP are comparable to post-WWII U.S., lower than Japan and Britain's current debt burdens, yet didn't trigger crises. To stabilize the debt, Krugman suggests taxes could be increased or spending cut by 2.1% of GDP, a small adjustment not significantly impacting growth. Political dysfunction in Congress is identified as the major obstacle to addressing debt concerns. April Retail Sales Flat, Inflation Slightly Down: What It Means for Consumers and Investors
Broke On: Tuesday, 21 May 2024April retail sales grew only 0.4% overall, but sectors like gas stations, clothing stores, and electronics saw gains. Inflation eased slightly to 3.4%, still above the Federal Reserve's target of 2%. These conflicting economic signs may influence interest rate decisions. UAW Strike Against Ford Ends as Union Ratifies New Contract
Broke On: Monday, 30 October 2023The UAW strike against Ford has ended after several weeks. Ford and UAW have reached a tentative agreement, ratified by a majority of the union's members. The new contract includes a commitment from Ford to invest $6 billion in U.S. factories, creating or retaining 8,500 jobs. The strike led to temporary layoffs and plant shutdowns.