». Il admet également que le déficit commercial a été préjudiciable au secteur manufacturier américain : "Il ne fait aucun doute que l'augmentation des importations, en particulier en provenance de Chine, a réduit l'emploi dans le secteur manufacturier..., l'élimination complète du déficit commercial américain dans le secteur des produits manufacturés ajouterait environ deux millions d'emplois dans ce secteur[45]. Dans The Age of Diminished Expectations et The Conscience of a Liberal[32], il écrit en particulier sur la croissante inégalité des revenus engendrée par la « nouvelle économie » américaine des années 1990. Le gouvernement chinois vend du renminbi et achète des devises étrangères afin de maintenir le renminbi à un bas niveau, ce qui donne au secteur manufacturier chinois un avantage de coût sur ses concurrents. [120], During the 1992 presidential campaign, Krugman praised Bill Clinton's economic plan in The New York Times, and Clinton's campaign used some of Krugman's work on income inequality. Shy with individuals. Paul Krugman, the left-wing economist who writes for the New York Times, is excited about the coming “Biden Boom” that will follow, he explains, the rollout of a COVID-19 vaccine. [8][40] This way of modeling trade has come to be called New Trade Theory. Paul Krugman écrit que la Chine poursuit une politique mercantiliste et prédatrice, c'est-à-dire qu'elle maintient sa monnaie sous-évaluée pour accumuler des excédents commerciaux en utilisant le contrôle des flux de capitaux. He's trying to stop something now, using the power of the pen. Sur son blog, il écrira par analogie « Ça y est, l’Amérique est devenue le Japon »[28]. [211] Krugman asserted that Brown "defined the character of the worldwide financial rescue effort" and urged British voters not to support the opposition Conservative Party in the 2010 General Election, arguing their Party Leader David Cameron "has had little to offer other than to raise the red flag of fiscal panic". Plus anecdotiquement, Krugman a écrit, en 1978, The Theory of Interstellar Trade (La Théorie du commerce interstellaire), un essai humoristique sur l’échange des biens à une vitesse proche de celle de la lumière. [83][84], Krugman was awarded the Nobel Memorial Prize in Economic Sciences (informally the Nobel Prize in Economics), the sole recipient for 2008. Découvrez et achetez Economie internationale - Paul R. Krugman, Maurice Obstfeld - Pearson Education sur www.leslibraires.fr [210] He has also praised the former British Prime Minister, whom he described as "more impressive than any US politician" after a three-hour conversation with him. [35] Krugman also writes on economic topics for the general public, sometimes on international economic topics but also on income distribution and public policy. However, in the 20th century, an ever-larger share of trade occurred between countries with similar characteristics, which is difficult to explain by comparative advantage. New York Times columnist Paul Krugman lambasted the GOP this week for not accepting the results of the 2020 presidential election, a mere four years after Krugman himself appeared to … Paul grew up on Long Island, earned his B.A. C’est aussi une crise liée aux taux de change fixes[réf. Et que les mauvaises politiques des États sont bien la cause des crises monétaires. Krugman claimed that these efforts could lead the global economy into the early stages of a "third depression" and leave "millions of lives blighted by the absence of jobs." A 2011 survey of economics professors named him their favorite living economist under the age of 60. Il estime que les États-Unis devraient répéter la politique protectionniste de Reagan de 1971 sur les produits importés. . A "briefing book" on the major policy issues around the economy. In response to the global financial crisis of 2008, Krugman proposed, in an informal "mimeo" style of publication,[54] an "international finance multiplier", to help explain the unexpected speed with which the global crisis had occurred. In addition, other countries would take retaliatory measures against US exports. The Research Papers in Economics project ranks him among the world's most influential economists. In the book, he discusses the failure of the United States regulatory system to keep pace with a financial system increasingly out-of-control, and the causes of and possible ways to contain the greatest financial crisis since the 1930s. Krugman has done much to revive discussion of the liquidity trap as a topic in economics. As Liberty Nation has written before, Keynesian darling Paul Krugman is ostensibly ditching the field of economics and embracing a new career as a comedian. [215] His criticisms have included the president's climate change proposals, economic policy,[216] the Republican tax plan and Trump's foreign policy initiatives. "Krugman: The International Finance Multiplier", Krugman, Paul (1999). [210][212], Krugman opposed the 2003 invasion of Iraq[213] He wrote in his New York Times column: "What we should have learned from the Iraq debacle was that you should always be skeptical and that you should never rely on supposed authority. Il écrit : "Ce que fait la Chine, c'est une politique commerciale sérieusement prédatrice, le genre de choses qu'on est censé empêcher par la menace de sanctions"... "Je dis qu'il faut affronter le problème de front". from Yale University in 1974 and a Ph.D. from MIT in 1977. 2004, Fundación Príncipe de Asturias (Spain), 2013, Doctor of Laws, honoris causa conferred by the, 2016, Doctor of Letters, honoris causa conferred by the, A call for stimulative expansionary policy and an end to austerity, Considers the long economic stagnation of Japan through the 1990s, the, Essay collection, primarily from Krugman's writing for, Essay collection, covering largely the same ground as, History of economic thought from the first rumblings of revolt against. « What’s Left of the Left ». "[109] In a review for The New York Times, Pulitzer prize-winning historian David M. Kennedy stated, "Like the rants of Rush Limbaugh or the films of Michael Moore, Krugman's shrill polemic may hearten the faithful, but it will do little to persuade the unconvinced". [229] He has described himself as a "Loner. Fils de David et Anita Krugman et petit-fils d'immigrants russes et juifs, Bennie and Fannie Krugman venant de Brest (Biélorussie)[2], il a d'abord suivi des études d'histoire à l'université Yale où il a obtenu un BA en 1974, puis au Massachusetts Institute of Technology (MIT), où il a obtenu son doctorat d'économie (PhD) en 1977 sous la direction de Rüdiger Dornbusch[3]. [152], In August 2005, after Alan Greenspan expressed concern over housing markets, Krugman criticized Greenspan's earlier reluctance to regulate the mortgage and related financial markets, arguing that "[he's] like a man who suggests leaving the barn door ajar, and then – after the horse is gone – delivers a lecture on the importance of keeping your animals properly locked up. . Paul Krugman on Education Paul Krugman Krugman is the author of over twenty books, including The Conscience of a Liberal , a progressive manifesto, and The Great Unraveling , … Krugman on the Financial Crisis. The Nobel Prize Committee stated that Krugman's main contribution is his analysis of the effects of economies of scale, combined with the assumption that consumers appreciate diversity, on international trade and on the location of economic activity. [11] Krugman's International Economics: Theory and Policy, co-authored with Maurice Obstfeld, is a standard undergraduate textbook on international economics. Only nine of the prognosticators predicted more accurately than chance, two were significantly less accurate, and the remaining 14 were no better or worse than a coin flip. [104], Foreign Policy named Krugman one of its 2012 FP Top 100 Global Thinkers "for wielding his acid pen against austerity".[105]. Il a enseigné auparavant aux universités de Yale et Stanford, ainsi qu’au MIT. À la suite de ses travaux, Krugman avec Helpman, Barbara Spencer et James Brander ont étendu la théorie des rendements croissants au plan normatif pour déboucher sur la théorie de la politique commerciale stratégique[20]. In 1922, his paternal grandparents immigrated to the United States from Brest, Belarus, at that time a part of Poland. De plus, il note que le tarif Smoot-Hawley n'a pas causé la Grande Dépression. Amid all the wild swings in U.S. politics over the past decade, one thing has remained constant: the … (2013) Principles of Economics, 2nd ed. "[162][163], In his June 28, 2010 column in The New York Times, in light of the recent G-20 Toronto Summit, Krugman criticized world leaders for agreeing to halve deficits by 2013. [114], In late 2008, Krugman published a substantial updating of an earlier work, entitled The Return of Depression Economics and the Crisis of 2008. [51] Krugman's paper is considered one of the main contributions to the 'first generation' of currency crisis models,[52][53] and it is his second-most-cited paper (457 citations as of early 2009).[36]. Encouraged, Krugman worked on it and later wrote, "[I] knew within a few hours that I had the key to my whole career in hand". According to Larissa MacFarquhar of The New Yorker, while some people[who?] Le prix n'est ici pas attribué à un journaliste mais à un chroniqueur, Paul Krugman étant un contempteur infatigable du président dans les colonnes du New York Times[51]. Krugman has harshly criticized the Trump administration. Paul Krugman. Il critique les politiques d'austérité appliquées en Europe, qu'il considère comme un danger très grave pour l'avenir de l'Europe, et reprochait à François Hollande de persister dans ce genre de politique économique[31]. Failure to stimulate the economy either by public or private sectors will only unnecessarily lengthen the current economic depression and make it worse. An Analysis of the Accuracy of Forecasts in the Political Media", "The Great Unraveling: Losing Our Way in the New Century", "Nobelpristagaren i ekonomi 2008: Paul Krugman", "On Healthcare, Tax Cuts, Social Security, the Mortgage Crisis and Alan Greenspan", "Paul Krugman's Prescription For A 'Depression, "Putting the 'New' into New Trade Theory: Paul Krugman's Nobel Memorial Prize in Economics", "A Nobel-Bound Economist Punctures the CW – and Not a Few Big-Name Washington Egos", "Fresh Dialogues interview with Alison van Diggelen, November 2009", "Fresh Dialogues interview with Alison van Diggelen", "13 Things I Meant to Write About but Never Did", "The Deflationist: How Paul Krugman found politics", "Paul Krugman defenders attacked by conservative bloggers", "The U.S. Has a 'Leprechaun Economy' Effect, Too", "Housing data reveals return of 'leprechaun economics, "Saving Asia: It's Time To Get Radical The IMF plan not only has failed to revive Asia's troubled economies but has worsened the situation. 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