This week Krugman says we ought to acknowledge that there are losers in international trade, and that we should introduce government subsidies, rather than trade restrictions, to help them. He says…

We managed to dig out some economics from yet another standard Krugman attack on the Republican Party. This time it’s his skepticism about the existence of very much income mobility…

Krugman discusses how economists should respond to the growth in sympathy for protectionism. Along the way, his Keynesian assumptions lead him to oddball conclusions. Bob and Tom also spend some…

Krugman says both Trump and Romney get the economics of trade wrong, but as usual, it’s Krugman who makes his share of mistakes. With Bob on a lecture tour of…

Bob and Tom use Krugman’s column as a springboard from which to try to come to grips with the Trump phenomenon. Krugman does get a bit of it right this…