Articles by Paul Krugman



Why Food Costs So Much

These days you hear a lot about the world financial crisis. But there's another world crisis under way -- and it's hurting a lot more people.

Substance, Not Style, Matters in U.S. Debate

Let's face it: Whatever happens in Thursday's U.S. presidential debate, American cable news will proclaim President George W. Bush the winner.

Fear of Fraud

It's election night, and early returns suggest trouble for the incumbent.

Case Study of How Not to Run a Country

The formal occupation of Iraq came to an ignominious end on Monday with a furtive ceremony, held two days early to foil insurgent attacks, and a swift airborne exit for the chief administrator.

Noonday in the Shade

In April 2003, the U.S. Justice Department disrupted what appears to have been a horrifying terrorist plot.

The Wastrel Son

He was a stock character in 19th-century fiction: The wastrel son who runs up gambling debts in the belief that his wealthy family, concerned for its prestige, will have no choice but to pay off his creditors.

A Vision of Power

There's a deep mystery surrounding U.S. Vice President Dick Cheney's energy task force, but it's not about what happened back in 2001. Clearly, energy industry executives dictated the content of a report that served their interests.

Lifting the Shroud

rom the day it took office, U.S. News & World Report wrote a few months ago, the Bush administration ""dropped a shroud of secrecy"" over the U.S. government. After Sept. 11, 2001, the administration's secretiveness knew no limits -- Americans, then-White House press secretary Ari Fleischer ominously warned, ""need to watch what they say, watch what they do.""

No More Excuses on Jobs

As job growth continues to elude the U.S. economy, we're hearing two main excuses from the Bush administration and its supporters: that the real situation is much better than you're hearing,

Bush: The Man and Legend

To understand why questions about George W. Bush's time in the National Guard are legitimate, all you have to do is look at the federal budget published the week before last. No, not the lies, damned lies and statistics -- the pictures.

Where Are the Apologies?

President George W. Bush promised to bring honor and integrity back to the White House. Instead, he got rid of accountability.

System Unfixed After Enron

Two years after Enron, then one of America's most admired companies, was revealed as a fraud, prosecutors finally seem to be getting somewhere.

Looting the Future

One thing you have to say about President George W. Bush: He's got a great sense of humor.

Snow Tries to Lower the Bar

  • 27 October 03
  • The New York Times,
John Snow, the U.S. treasury secretary, told The Times of London last week that he expected the U.S. economy to add 2 million jobs before the next election -- that is, almost 200,000 per month.

Listening to Mahathir

To understand why Mahathir Mohamad, the prime minister of Malaysia, made his remarks is to realize how badly things are going for U.S. foreign policy.

Who's Sordid Now?

  • 02 October 03
  • The New York Times
It's official: the administration that once scorned nation-building now says that it's engaged in a modern version of the Marshall Plan.

Bush and China Syndrome

  • 08 September 03
  • The New York Times
A funny thing happened last week: The Bush administration, with its aggressive unilateralism and contempt for diplomacy and international institutions, suddenly staked its fortunes on the kindness of foreigners.

You Say Tomato

  • 31 July 03
  • The New York Times
Two leaders politicized intelligence to sell a war. But while one has suffered a catastrophic loss of public trust, the other hasn't, at least not yet.

Toward One-Party Rule

  • 30 June 03
  • The New York Times
In principle, Mexico's 1917 Constitution established a democratic political system. In practice, until very recently Mexico was a one-party state.

A Credibility Problem

Will Tuesday's State of the Union address restore U.S. President George W. Bush's political fortunes?

Stimulus for Lawyers

  • 15 January 03
  • The New York Times
My colleagues on the editorial page of The New York Times dubbed the Bush administration's proposal to eliminate taxes on corporate dividends ""The Charles Schwab Tax Cut.""

Quo Vadis, Bush?

  • 23 December 02
  • The New York Times
The day after the Republican triumph in the U.S. midterm elections, a jubilant Trent Lott held a celebratory press conference.

Digital Age Robber Barons

What happens when a few conglomerates control not only what you watch but what you can download?

The Blatant U.S. Media Bias

  • 02 December 02
  • The New York Times
Last week Al Gore said the obvious. ""The media is kind of weird these days on politics,"" he told The New York Observer, ""and there are some major institutional voices that are, truthfully speaking, part and parcel of the Republican Party.""

Business as Usual

  • 23 October 02
  • New York Times
The mood among business lobbyists, according to a jubilant official at the Heritage Foundation, is one of ""optimism, bordering on giddiness.""

Bush's Bankrupt Economic Policies

  • 03 October 02
  • The New York Times
I got obsessed with the Japanese economy after it was fashionable. Americans paid a lot of attention to Japan in the 1980s, when Japanese manufacturers were conquering the world.

Cronies in Arms

  • 18 September 02
  • The New York Times
In February 2001 Enron presented an imposing facade, but insiders knew better: They were desperately struggling to keep their Ponzi scheme going.

The Many Flavors of Fraud

Each of the big business scandals uncovered so far suggests a different strategy for executive self-dealing.

Betraying Latin America

  • 17 April 02
  • The New York Times
Many people, myself included, would agree that Hugo Chavez is not the president Venezuela needs.

A Third Oil Crisis? II

Are we now at risk of a third oil crisis? I wish I could say no, but I can't. Oil prices have risen about $10 per barrel since the situation in the Middle East began deteriorating. So even if they stay where they are, this represents a serious shock to the system -- and there could be more to come.