Results for: Paul Krugman

Former President Donald Trump’s recent call for significantly higher import tariffs, including a 60% tariff on Chinese goods, has sparked widespread criticism from economists, including Nobel laureate Paul Krugman. Krugman argues that these tariffs would harm the US economy, increase global poverty, and potentially lead to global conflict. He also questions Trump’s motivations, suggesting the former president sees trade in terms of punishment and winners and losers.

Nobel laureate Paul Krugman has criticized the cryptocurrency industry’s heavy spending on political campaigns, arguing that it’s disproportionate to the industry’s actual value and potential. He warns that the industry’s influence could have negative consequences on regulation and the overall market.