Harald Schumann On The Trail – Talking to Paul Krugman

Harald Schumann On The Trail – Talking to Paul Krugman. For better comprehension, we recommend to activate English subtitles in the player. The interview was recorded in July 2014. Excerpts of the interview have been used within the film “The Trail Of The Troika” by Harald Schumann and Arpad Bondy.

Paul Krugman (born February 28, 1953) is an economist and Professor at the Woodrow Wilson School of Public and International Affairs at Princeton University, Centenary Professor at the London School of Economics, Distinguished Scholar at the Luxembourg Income Study Center at the CUNY Graduate Center, and an op-ed columnist for The New York Times. In 2008, Krugman won the Nobel Memorial Prize in Economic Sciences for his contributions to New Trade Theory and New Economic Geography. Krugman is known in academia for his work on international economics (including trade theory, economic geography, and international finance), liquidity traps, and currency crises. Krugman is ranked among the most influential economic thinkers in the US

2 responses to “Harald Schumann On The Trail – Talking to Paul Krugman

  1. I have been following the ups and downs and ins and outs of Paul Krugman for a few years now. I cannot understand why anyone would consider him more than a shill for the US government’s economic policies. Oh, yes, he comes out “against” once in a while, but he is as meek as a lamb against neoliberalism. You really need to do some background research and read his articles before you consider him an economist valuable for the Left.

  2. Though I liked the post I need to add the remark that Jan’s approach is correct. These Nobel prize worth “leftist” economists like Krugman are massive part of the problem. They reduce the issue at hand to class war, morality, leftist sentiments that have been already demonised by Establishment. to the degree that all leftist rhetorics as opposition to extant system is extra support to the system. In addition, it is utter nonsense that economists of the assumed caliber have been “unable” (=unwilling) to recognise the truth – without observing the actual data of the austerity-stricken Greece in ruins – that austerity is sheer destruction to economy.

    As to the documentary, it is excellent and unique as one exposing a near-incomprehensible network of corruption among banks and governments. However the scope of this crime is much wider than one may expect. After the fact that Syriza turned out to be no exception to the rule that governs this rotten-to-the-core system, here is an update of the system:

    #ThisIsACoup “The world debt crisis, as it is happening now: a system too rigged to fail”

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