Paul Krugman
Economist, Author
Nobel Prize-winning economist and op-ed columnist for The New York Times, known for his analysis of economic policy and macroeconomic issues.
Cited In
1 Article
Global Business / Economy
Is Deflation Actually Worse Than Inflation — or Just a Threat That Benefits the People Who Write Economics Textbooks?Is deflation truly the economic boogeyman textbooks make it out to be, or does that framing obscure inflation's very real cost to lower-income households? Paul Krugman, Austan Goolsbee, and Nouriel Roubini debate whether falling prices or rising ones pose the greater threat to economic stability—and who actually bears the burden of each.