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Krugman: Our Economic Catastrophe Could Be Solved Easily

3,634 views · Published 4 June 2012 · 3:30 · Indexed 22 October 2026

Channel: FORA.tv · 2012 · News & Politics

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Complete video available for purchase at http://fora.tv/2012/05/22/Paul_Krugman_End_This_Depression_Now

Paul Krugman, columnist for The New York Times and author of End This Depression Now!, asserts that Congress and uncompromising politicians are standing in the way of true economic recovery. Krugman believes that there are "easy fixes", but that leaders are failing to act.

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Nobel Laureate economist Krugman believes that the U.S. and world economies are not getting better. He says we are still in the midst of a depression rather than a recession, and that "nations, rich in resources, talent, and knowledge, all the ingredients for prosperity and a decent standard of living for all, remain in a state of intense pain."  Yet he also believes that a quick, strong recovery is but one step away.  Come hear his thoughts on what political leaders can and must do.

Paul Krugman is Professor of Economics and International Affairs at the Woodrow Wilson School of Public and International Affairs, at Princeton University, and an Op-Ed columnist for the Times. His numerous books include "The Great Unraveling," "The Conscience of a Liberal," and "The Return of Depression Economics," an updated edition of which was published in 2009. For his contributions to New Trade Theory, he received the 2008 Nobel Memorial Prize in Economic Sciences.

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