Latest Issue

Krugman speaks, part 2: “Good luck trying to sell that.”

By Tom Streithorst  

Unless we can start exporting to Mars, we're going to need inflation

Inflation. There I’ve said it: the dirty word, that bad, bad thing all of us have been taught to fear. In his second lecture at LSE last night Paul Krugman was a bit circumspect—but, if you read just a tiny bit between the lines, The Professor was telling us that bad boy inflation is the one and only way out of our current economic crisis.…

Register today to continue reading

You’ve hit your limit of three articles in the last 30 days. To get seven more, simply enter your email address below.

You’ll also receive our free e-book Prospect’s Top Thinkers 2020 and our newsletter with the best new writing on politics, economics, literature and the arts.

Prospect may process your personal information for our legitimate business purposes, to provide you with newsletters, subscription offers and other relevant information.

Click here to learn more about these purposes and how we use your data. You will be able to opt-out of further contact on the next page and in all our communications.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

We want to hear what you think about this article. Submit a letter to

More From Prospect