3+ hour, 43+ min ago  (628+ words) Happy Union Victory at Appomattox Day Armageddon may (or may not) be on hold for a little while, so let's talk about other issues, like the state of the economy " in particular, what's going on with job growth, where important…...

23+ hour, 58+ min ago  (330+ words) So the world's greatest military power went to war with a poor, medievalist theocracy. It was an incredibly uneven match. Here's are the GDPs of Iran and the United States in 2024: Yet Iran won. The Iranian regime has emerged far…...

2+ day, 3+ hour ago  (708+ words) With all the other terrible news right now, you may not have noticed that Donald Trump is in the process of killing American science. OK, that's an exaggeration " but not that much of an exaggeration. The Trump administration's latest budget…...

3+ day, 3+ hour ago  (595+ words) Terrorism, according to ICE " yes, that ICE " "involves violence or the threat of violence against people or property to further a particular ideology." The official website goes on to declare that "Terrorists do not care who they hurt or kill…...

5+ day, 3+ hour ago  (1642+ words) On March 9 I interviewed Lina Khan " innovative antitrust thinker, former head of the Federal Trade Commission, and co-chair of the Mamdani transition in New York " at the CUNY Graduate Center. Transcript follows. Professor Khan in just a few minutes will…...

6+ day, 3+ hour ago  (386+ words) The war goes on, and so does the global energy crisis. In fact, I believe that prices of oil futures remain too low given how much spot prices will need to rise to resolve the shortages that will hit once…...

1+ week, 3+ hour ago  (627+ words) A short video rather than my usual morning post Donald Trump doesn't even have the courage to run away. Hi, I'm Paul Krugman. I'm not going to do a regular post today " it's Thursday morning " because I wanted to wait…...

1+ week, 1+ day ago  (361+ words) So the world's greatest military power went to war against a fourth rate nation whose military budget would be rounding error in our defense spending. And it appears that we lost. Hi, Paul Krugman with a late night, well, evening…...

1+ week, 1+ day ago  (589+ words) Although I expected the war on Iran to be a disaster, I didn't expect the Trump administration to be implicitly conceding defeat after barely a month. Yet that's where we are: Does this look to you as if we have…...

1+ week, 2+ day ago  (728+ words) Source: JP Morgan via Marketwatch In normal times, about 20 percent of the world's oil production passes through the Strait of Hormuz. That flow has been cut off except for Iranian oil and a handful of other vessels the Iranians are…...