Economic Policy

Europe is widely perceived as losing ground to both the United States and China. But is it really? Paul Krugman challenges conventional assumptions about Europe's economic performance in his James Martin Memorial Lecture, delivered at the Oxford Martin School, University of Oxford.

Paul Krugman gave this talk on economic size and economic power during the second day of the European Central Bank's annual research conference.

Richardson, whose "Letters from an American" provide a daily guide to current events as history, speaks with Krugman, Nobel-winning economist and Graduate Center professor.

T. Asher, L. Giangregorio, S. Morelli, M. Schechtl, and F. Subioli. Stone Center Working Paper Series no. 129. 2026.

Part III of Stone Center Senior Scholar Paul Krugman’s three-part series on the U.S. healthcare system, originally posted in his Substack newsletter, considers the U.S. healthcare system from an international perspective and concludes by looking at the future. What kind of system is workable in the U.S.? How has the political economy of U.S. healthcare reform changed? And what is a possible path forward?

Part II of Stone Center Senior Scholar Paul Krugman’s three-part series on the U.S. healthcare system, originally posted in his Substack newsletter, discusses U.S. health care on the eve of the second Trump administration, 80 years of U.S. health politics, the Obamacare story, and the new assault on healthcare.

Part I of Stone Center Senior Scholar Paul Krugman’s three-part series on the U.S. healthcare system, originally posted in his Substack newsletter, discusses why markets can’t be trusted to deliver healthcare, routes to universal healthcare, and what works.

J. van der Naald, S. K. Bruch, and J. C. Gornick. RSF: The Russell Sage Foundation Journal of the Social Sciences. vol. 12, no. 1, pp. 67–95. 2026.

In this conversation with host Steven Durlauf, Leslie McCall discusses her work examining inequality and Americans’ beliefs about it, as well as what her findings might tell us about meritocracy and the effects of artificial intelligence on the labor market.

An excerpt from Branko Milanovic's book, The Great Global Transformation: National Market Liberalism in a Multipolar World. The book examines how the greatest changes in global incomes — the creation of a new upper class in China, and the decline of the middle class in the U.S. — since the Industrial Revolution are likely to influence the global economy in the next century.