Most people who know Paul Krugman’s opinion writing think of him (for better or worse) as a liberal ideologue who does not suffer fools gladly. He is that, but so much more – in particular, a razor-sharp policy economist whose recent analysis of subjects ranging from international competitiveness …
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By Robert Hahn, Peter Passell | Tags: commodity prices, currency union, liberals, Paul Krugman | Category: International Economics, Quick Takes |
 One commentEarlier in the month, the former IMF chief economist Raghuram Rajan took a swipe at indirect housing subsidies, which gave Paul Krugman an excuse to pontificate on the relative innocence of Fannie Mae and Freddie Mac in creating the housing bubble. (Republicans, it seems, are more … By Robert Hahn, Peter Passell | Tags: Charles Lane, Fannie Mae, Freddie Mac, housing bubble, Paul Krugman, Raghuram Rajan | Category: Financial Regulation Reform, Quick Takes |
One commentTyler Cowen has an interesting response to Paul Krugman’s post on why the potential to sue for damages is an inadequate substitute for government regulation. (This, of course, is in the context of the oil spill in the gulf.) Judging by the interchange, it’s hard to conclude … By Robert Hahn, Peter Passell | Tags: British Petroleum, oil spill, Paul Krugman, Tyler Cowen | Category: Quick Takes, Theory of Regulation |
Leave a commentAnybody up for a tax on sales of financial assets – maybe a quarter cent on the dollar? A lot of people are, actually. One reason is opportunism: finding sources of revenue to fund virtuous causes in ways that don’t anger the voters. British PM Brown and President Sarkozy of France … |
Professor Dieter Helm (Oxford) is a very fine fly fisherman, and an even better economist. If you haven’t done so, take a look at his new book “The Carbon Crunch: How We Are Getting Climate Change Wrong — and How to Fix It” for a bit of unconventional wisdom. He argues that politicians and the general public have not shown any real interest in addressing climate change. Helm argues that places like Europe should focus on setting a price for carbon that would cover consumption (and not just production), and that fracking could be a good “bridge” technology for reducing consumption of coal. The book is readable and insightful for those interested in the inside track on climate policy. 
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