Recent articles
September 2, 2026
The Hits Keep Coming
How much chaos can the economy take?
paulkrugman.substack.com
September 1, 2026
The Plot to Steal Venezuela’s Oil
A scam that is both vile and deeply stupid
paulkrugman.substack.com
August 31, 2026
From Kakistocracy to Cheatistocracy
Rewarding the most dishonest
paulkrugman.substack.com
August 30, 2026
Oligarchy and the Great Evasion
The tax gap: What it is and why it matters
paulkrugman.substack.com
August 29, 2026
Talking Interest Rates with Ricardo Caballero
Are U.S. bonds still the ultimate safe asset?
paulkrugman.substack.com
August 28, 2026
Make Geography Great Again
What’s in a name?
paulkrugman.substack.com
August 27, 2026
Biden Derangement Syndrome
Even the Trump sycophants realize that they’re in big trouble
paulkrugman.substack.com
August 26, 2026
Der Untergang
How badly will Trump punish America?
paulkrugman.substack.com
August 25, 2026
Losing the Iran War: The Economic Front
The D in Bessent’s “D-Day” stands for Dud
paulkrugman.substack.com
August 24, 2026
The Moose That Roared
Why Trump will lose his war with Canada
paulkrugman.substack.com
August 23, 2026
Debt and Tax Cuts
How did U.S. debt get so big? The answer may surprise you
paulkrugman.substack.com
August 22, 2026
Jared Bernstein on Debt
How worried should we be?
paulkrugman.substack.com
August 21, 2026
Defending the Bonds
I am reporting for duty
paulkrugman.substack.com
August 21, 2026
Scott Bessent Fails to Gaslight the Market
What doth it profit a man if he sell his soul and can’t even manipulate the 30-year?
paulkrugman.substack.com
August 20, 2026
The Case Against Bond Market Panic
Don’t let the Very Serious People undermine a progressive agenda — again
paulkrugman.substack.com
August 19, 2026
What Are Bond Markets Telling Us?
Interest rates are up — but don’t panic
paulkrugman.substack.com
August 18, 2026
A New Level of Trumpian Evil
North Korea is the worst government on Earth; Trump prefers it to the prosperous democracy next door
paulkrugman.substack.com
August 17, 2026
The Misery Will Continue Until Morale Improves
Why Trump is eviscerating the military
paulkrugman.substack.com
August 16, 2026
Demography, Deportations and the Trump Stall
Why the American jobs machine is sputtering
paulkrugman.substack.com
August 15, 2026
Vanessa Williamson on Taxes and Democracy
What tax history teaches us about this dire moment
paulkrugman.substack.com
August 14, 2026
The Case for a Medicare Buy-In Option
Mandates vs options: The good, the bad, and the feasible
paulkrugman.substack.com
August 13, 2026
Why Isn’t the Price of Oil Even Higher?
This is your economy on crack (spread)
paulkrugman.substack.com
August 12, 2026
The Rise of the Measles-Industrial Complex
Why MAGA wants children to get sick and die
paulkrugman.substack.com
August 11, 2026
The U.S. Healthcare System is Already Mostly Socialized
And there’s nothing radical about wanting to end insurance company parasitism
paulkrugman.substack.com
August 10, 2026
What Malta Tells Us About Oligarchy
Europe is weak on tax cheats. Trump is on their side
paulkrugman.substack.com
August 9, 2026
Against Oligarchy, Part III: Taxing Capital vs. Taxing Labor
How the American tax code has swung against workers, and why it matters
paulkrugman.substack.com
August 8, 2026
Talking With G. Elliott Morris About the Midterms
Why he says this is a wave election.
paulkrugman.substack.com
August 7, 2026
News of the Weak (Labor Market)
A note on this morning’s report
paulkrugman.substack.com
August 7, 2026
Lying Liars Lie to Each Other Too
A bad-faith government is also an incompetent government
paulkrugman.substack.com
August 6, 2026
The Good News Trump Won’t Mention
Crime is plunging, but he can’t handle that truth
paulkrugman.substack.com