In another political universe just four short years ago, the two leading candidates for president shook each other’s hands before debating, never referred to one another by their first names and kept their Twitter feeds G-rated.
Paul Krugman, in a post today titled "Debt, Diversion, Distraction," argues, as his title implies, that we get diverted and distracted from more important issues if we worry about the coming high deficits and debt. His reasoning is faulty.
In 2008, U.S. economist Paul Krugman won the Nobel Prize in Economic Sciences. Krugman, one of the best-known economists in the world, is familiar to the public mainly through his regular column in the New York Times and for his New York Times blog titled "The Conscience of a Liberal."
George Shultz Conference Room, Herbert Hoover Memorial Building
Ken Judd, the Paul H. Bauer Senior Fellow at the Hoover Institution, discussed his work on “Optimal Carbon Policy with Business Cycle and Climate Risks” and presented his paper, “The Social Cost of Carbon with Economic and Climate Risks,” joint with joint with Yongyang Cai (Hoover Institution) and Thomas Lontzek (University of Zurich).
The Working Group on Economic Policy brings together experts on economic and financial policy to study key developments in the U.S. and global economies, examine their interactions, and develop specific policy proposals.