The Wisdom and Folly of Paul Krugman

Laurence Articles

Dare to disagree with Paul Krugman? If you’re prominent enough to merit his attention, he will attack your ideas and worse, label you as evil. But behind his rhetoric is an economist who is often worth listening to. In his new book, Arguing with Zombies, Paul Krugman presents his trademark blend of economic analysis and political rage. The book is …

The Novelty of the Coronavirus: What it Means for Markets

Laurence Articles

Does market history offer any parallels to today’s novel coronavirus crisis? Market action in recent weeks has been reminiscent of the global financial crisis (GFC) of 2007–2009, the crash of 1987, and, for those with a long memory, the crash of 1929, which wouldn’t have been so disastrous if it had not been followed by the crashes of 1930, 1931, …