Stone Center Senior Scholar
Research Professor of Economics
CUNY Graduate Center
Paul Krugman is a research professor at the City University of New York’s Graduate Center, a core faculty member at the Stone Center on Socio-Economic Inequality, and a LIS senior scholar. He previously taught at MIT, Stanford, and Princeton. He is the author or co-author of many academic papers and numerous books aimed at both professional and general audiences, including Market Structure and Foreign Trade, Geography and Trade, The Return of Depression Economics, and Arguing with Zombies: Economics, Politics, and the Fight for a Better Future.
In recognition of his work on international trade and economic geography, Krugman received the John Bates Clark award of the American Economic Association in 1991, the Prince of Asturias award for social sciences in 2004, and the Nobel Memorial Prize in Economic Sciences in 2008. For nearly 25 years, he was an op-ed columnist and commentator for The New York Times. In December 2024, he reintroduced his Substack newsletter.
Areas of Expertise
Macroeconomics
Globalization
Trade
Labor Markets
Economic Policy
Featured Work
At a Graduate Center event, Paul Krugman and Former Federal Reserve Chair Janet Yellen discuss the origins of the 2008 financial crisis and new concerns about U.S. economic health.
Arguing with Zombies: Economics, Politics, and the Fight for a Better Future
P. Krugman. New York: W.W. Norton & Company. 2020.
Why We’re in a New Gilded Age
P. Krugman. In After Piketty: The Agenda for Economics and Inequality. H. Boushey, J.B. DeLong, and M. Steinbaum (eds). Chapt. 3. Cambridge, MA: Harvard University Press. 2017.
Debt, Deleveraging, and the Liquidity Trap: A Fisher-Minsky-Koo Approach
G.B. Eggertsson and P. Krugman. The Quarterly Journal of Economics. vol. 127, no. 3. pp. 1469-1513. 2012.
End This Depression Now!
P. Krugman. New York: W. W. Norton & Company. 2012.
The Return of Depression Economics and the Crisis of 2008
P. Krugman. New York: W. W. Norton & Company. 2008.
The Conscience of a Liberal
P. Krugman. New York: W. W. Norton & Company. 2007.
The Great Unraveling: Losing Our Way in the New Century
P. Krugman. New York: W. W. Norton & Company. 2004.
Balance Sheets, the Transfer Problem, and Financial Crises
P. Krugman. International Tax and Public Finance. vol. 6, no. 4. pp. 459-472. 1999.
The Accidental Theorist: And Other Dispatches from the Dismal Science
P. Krugman. New York: W. W. Norton & Company. 1999.
It’s Baaack: Japan’s Slump and the Return of the Liquidity Trap
K.M. Dominguez, K.S. Rogoff, and P. Krugman. Brookings Papers on Economic Activity. vol. 29, no. 2. pp. 137-205. 1998.
Technology and Globalization in the Very Long Run
P. Krugman. Stone Center Working Paper Series. no. 63. 2023.
Crypto. Paul Krugman, Understanding Inequality: Part VII
Part VII of Stone Center Senior Scholar Paul Krugman’s series “Understanding Inequality,” which originally appeared on his Substack newsletter.
Wealth and Power. Paul Krugman, Understanding Inequality: Part VI
Part VI of Stone Center Senior Scholar Paul Krugman’s series “Understanding Inequality,” which originally appeared on his Substack newsletter.
Predatory Financialization. Paul Krugman, Understanding Inequality: Part V
Part V of Stone Center Senior Scholar Paul Krugman’s series “Understanding Inequality,” which originally appeared on his Substack newsletter.
Oligarchs and the Rise of Mega-Fortunes. Paul Krugman, Understanding Inequality: Part IV
Part IV of Stone Center Senior Scholar Paul Krugman’s series “Understanding Inequality,” which originally appeared on his Substack newsletter.
A Trumpian Diversion. Paul Krugman, Understanding Inequality: Part III
Part III of Stone Center Senior Scholar Paul Krugman’s series “Understanding Inequality,” which originally appeared on his Substack newsletter.
The Importance of Worker Power. Paul Krugman, Understanding Inequality: Part II
Part II of Stone Center Senior Scholar Paul Krugman’s series “Understanding Inequality,” which originally appeared on his Substack newsletter.
Why Did the Rich Pull Away from the Rest? Paul Krugman, Understanding Inequality: Part I
Part I of Stone Center Senior Scholar Paul Krugman’s series "Understanding Inequality," which originally appeared on his Substack newsletter.
Why Does U.S. Technology Rule? – Paul Krugman
In this post, Stone Center Senior Scholar Paul Krugman looks at U.S.-EU divergence in the technology sector, and the role of geographic clusters.
The Fraudulence of “Waste, Fraud, and Abuse” – Paul Krugman
In this post, Stone Center Senior Scholar Paul Krugman reintroduces his Substack newsletter. He also discusses parallels between current and past efforts "to bring a business sensibility" to the federal budget, with the goal of eliminating inefficiency.
Can Trump Reduce the Trade Deficit?: Paul Krugman
In this post, Stone Center Senior Scholar Paul Krugman discusses how tariffs might affect international capital flows and the U.S. economy.
The Price of Peace: Money, Democracy, and the Life of John Maynard Keynes
Paul Krugman speaks with Zachary D. Carter, author of an award-winning biography of John Maynard Keynes, the great 20th-century thinker and father of macroeconomics, about what Keynes' life and ideas can teach us about today’s debates over government spending and inequality.
Underground Empire: How America Weaponized the World Economy
Authors Henry Farrell and Abraham Newman discuss how the U.S. controls a global network of communication and finance, the subject of their new book, in this conversation with Stone Center Senior Scholar Paul Krugman.
Angus Deaton and Paul Krugman in Conversation
The two Nobel Prize winners discuss the role of the economist and Deaton's new book, Economics in America: An Immigrant Economist Explores the Land of Inequality.
Visions of Inequality: From the French Revolution to the End of the Cold War
Branko Milanovic discusses his latest book, a sweeping and original history that focuses on how six of the most influential economists saw inequality in their time, with Paul Krugman, Clara Mattei, and Donald Robotham.
Speaker Emerita Nancy Pelosi in Conversation with Paul Krugman
Speaker Emerita Nancy Pelosi, the first woman to serve as speaker and the chief architect of generation-defining legislation including the Affordable Care Act and the American Rescue Plan, speaks with Nobel Prize–winning economist Paul Krugman.
Panel: Imagining the Future: Science Fiction and Social Science
In this video, Paul Krugman moderates a discussion among sci-fi novelists and social scientists about the connection between the social sciences and fantasy fiction, and how they often inspire each other.
‘Six Faces of Globalization’: a Conversation with Anthea Roberts and Nicolas Lamp
Paul Krugman and Branko Milanovic speak with Stone Center Affiliated Scholar Anthea Roberts and Nicolas Lamp about their new book, "Six Faces of Globalization: Who Wins, Who Loses, and Why It Matters. Introduction by Janet Gornick.
Virtual Workshop 2020: An Unequally Distributed Depression
In this presentation, Paul Krugman analyses the economic fallout of the coronavirus pandemic and the form of inequality that the U.S. is currently experiencing.
Panel: Reducing Inequality Now
Leading economic experts discuss the gaping disparities by race and class that have driven so many Americans into the streets, and examine the prospects for policy and institutional changes that could create a more equal society.
Panel: The Triumph of Injustice
In this video, Emmanuel Saez and Gabriel Zucman discuss their recent book and why the United States needs to increase wealth taxes to combat inequality.
