Winner of the Nobel prize in Economics, Paul Krugman was interviewed by David in November 2001. The interview is interesting not only because of Paul Krugman’s recent Nobel prize, but it also discusses recessions, a topic of current interest.
Winner of the Nobel prize in Economics, Paul Krugman was interviewed by David in November 2001. The interview is interesting not only because of Paul Krugman’s recent Nobel prize, but it also discusses recessions, a topic of current interest.
Money quotes from David’s excellent interview. Krugman says: “We didn’t have a real estate speculative bubble the way the Japanese did so I think our situation looks better”. Er, hello Ben Hindsight Bernanke. Please join the group. Yes, public transport is a problem but you should set your alarm clock earlier. Where was I? Ah, yes. Interesting to note this interview is dated November 2001, just after the 9/11 shock. When Dubya went on telly and ordered every ‘patriot’ to get their sorry ass to Vegas and Mall of America to gamble and spend in the National Interest. Meanwhile, fallen… Read more »