Stone Center Senior Scholar
Distinguished Professor of Economics
CUNY Graduate Center
Paul Krugman is a distinguished 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.
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.
Two Theories of Immaculate Disinflation, and Their Implications: Paul Krugman
In this post, Stone Center Senior Scholar Paul Krugman discusses how the U.S. economy achieved disinflation without a recession, and what that means for important policy questions.
Credible Irresponsibility Revisited
This text by Paul Krugman was originally presented as the spring Seminar in Applied Economics at the Graduate Center.
‘Is Globalization Over?’ Paul Krugman and Co-Panelists to Discuss the Pandemic’s Impact and the Future of Trade at Upcoming Event
Stone Center Senior Scholar Paul Krugman answers a few questions about globalization ahead of his online event, co-sponsored by The Graduate Center and the Stone Center.
Analysis: Why Do the Rich Have So Much Power?
In his New York Times column, Paul Krugman discusses the ways in which huge disparities in income and wealth in America translate into comparable disparities in political influence.
Thoughts from the Stone Center on the Pandemic and Its Impact
In this commentary, Stone Center faculty — Miles Corak, Janet Gornick, Paul Krugman, Leslie McCall, Branko Milanovic, and Salvatore Morelli — each with unique expertise in the study of inequality, offer insights on the COVID-19 crisis.
Analysis: Which Americans Shouldn’t Get Government Aid?
In his New York Times newsletter, Paul Krugman discusses the political debate over who should and who shouldn’t receive government aid.
Analysis: The Damaging Power of the .01 Percent
In his weekly newsletter for The New York Times, Paul Krugman discusses why we should be discussing the economic super elite.
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.
UNDP Panel: Measuring Inequality in the 21st Century
In this video, Paul Krugman, Janet Gornick, Achim Steiner, and other experts discuss the challenges of addressing global inequality.