Economist Paul Krugman on Germany’s ‘Whips and Scourges’


Economist Paul Krugman on Germany’s ‘Whips and Scourges’ has an excellent interview of Paul Krugman on PBS explaining some important issues about the current financial crisis in Europe. There is no date given for the interview. However Krugman is obviously speaking at a time when Nicolas Sarkozy was still President of France. That ended on May 15. This would put the interview at least a month old.


At the end of the article is “a rebuttal of sorts from Jacob Kirkegaard, a senior fellow at the Peterson Institute for International Economics.” I guess this is just proof that you can find whatever view you want whenever you look at the same set of facts. I don’t think the Peterson Institute is quite as bad as The American Enterprise Institute, but they do seem to have a decided institutional point of view as reflected by Jacob Kirkegaard.

The pointer to this interview and article was sent to me by someone who thought it contradicted Paul Krugman as quoted in my previous post We Don’t Need No Education. Try as I might, I cannot see where there is a contradiction.

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