"Krugman: Grécia, Irlanda e Portugal são Tapas; Espanha o prato principal "

"O prémio Nobel da Economia diz que Grécia, Irlanda e Portugal pouco podem fazer de mal à imagem da Zona Euro. Já o mesmo não se pode dizer da Espanha, país que Krugma classifica de país "prisioneiro do euro"."

Jornal de Negócios,  Link

"Os moralistas da dívida" por Paul Krugman

"Se o Estado cortar os incentivos à economia, como querem os moralistas, vamos cavar a própria ruína, com a estagnação a prolongar-se e o desemprego a aumentar"

Ionline,  Link

"Sex And Drugs And Markets’ Role" - Paul Krugman

Kevin O’Rourke has a post, What do markets want, raising the same issues I’ve been discussing about debt, austerity, etc.
But never mind all that: read the comments, specifically this one:

The markets want money for cocaine and prostitutes. I am deadly serious.
Most people don’t realize that “the markets” are in reality 22-27 year old business school graduates, furiously concocting chaotic trading strategies on excel sheets and reporting to bosses perhaps 5 years senior to them. In addition, they generally possess the mentality and probably intelligence of junior cycle secondary school students. Without knowladge of these basic facts, nothing about the markets makes any sense—and with knowladge, everything does.
What the markets, bond and speculators, etc, want right now is for Ireland to give them a feel good feeling, nothing more. A single sharp, sweeping budget would do that; a four year budget plan will not. Remember that most of these guys won’t actually still be trading in four years. They’ll either have retired or will have been promoted to a position where they don’t care about Ireland anymore. Anyone that does will be a major speculator looking to short the country for massive profit.
In lieu of a proper budget, what the country can do—and what will work—is bribe senior ratings agencies owners and officials to give the country a better rating. Even a few millions spent on bumping up Ireland’s rating would save millions and possibly save the country.
Bread and circuses for the masses; cocaine and prostitutes for the markets. This can be looked on a unethical obviously, but since the entire system is unethical, unprincipled and chaotic anyway, why not just exploit that fact to do some good for the nation instead of bankrupting it in an effort to buy new BMWs for unmarried 25 year olds.

That’s what I call a policy recommendation — and it’s better than most of what passes for wisdom these days.

Link

"How The Other Half Thinks" - Paul Krugman

"Ezra Klein has written in, asking for a post laying out the difference between the more or less Keynesian model Brad DeLong and I work with and the models others have been using – and how their predictions differ. It’s a good request, although the truth is that the other side in this debate doesn’t necessarily agree on a single model, or even use models at all. Still, I think it is possible to describe the general views of the other guys — and to see how off their predictions have been."

NYTimes,   Link

"As raízes do desemprego: uma estrutura feita de desculpas" - Paul Krugman

"A direita diz que o desemprego é estrutural, quando tudo o desmente. Não há desajustamento entre oferta e procura no mercado de trabalho; só entre necessidade de acção e determinação política"

Ionline,   Link

"Crise : Krugman vê Portugal a sair da zona euro "

Diário Económico,

Link

Paul Krugman - Blog - "The Conscience of a Liberal"

Does Fiscal Austerity Reassure Markets?

Strange Arguments For Higher Rates