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What recession? Inflation, GDP offer hope for ‘soft landing’ Perhaps a 2023 recession can be avoided after all. Consistently falling prices alongside a stronger-than-expected fourth-quarter gross domestic product (GDP) and next week’s anticipated less aggressive interest rate hike from the Federal Reserve are changing economists’ tune and renewing hopes about the overall health of the…
” What Paul Krugman gets wrong about crypto “ In mid-November, as crypto markets reeled in the aftermath of FTX’s meltdown, Nobel Prize-winning economist Paul Krugman made use of his New York Times column to disparage crypto assets — again. Despite his unquestionable academic credentials, Krugman reiterated a common misunderstanding in his attempt to understand…
“New York Times’ Paul Krugman blasted for touting ‘Biden boom’” New York Times economic columnist Paul Krugman got blasted on social media on Tuesday after he insisted the US economy is enjoying a “Biden boom” — despite a recession and record levels of inflation. The Nobel Prize-winning professor posted a chart comparing the cumulative number…
“NY Times columnists admit to being ‘wrong’ in series of mea culpas” The New York Times on Thursday published a series of mea culpas from eight of its opinion columnists about how they were each “wrong” on a variety of topics, ranging from the inflation and Facebook to Trump voters. The package of apologetic essays…