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Paul Krugman: “I’m considerably less of a believer in the invisible hand”

The Nobel Prize-winner on the most dangerous economic myth of all, climate change, and indie music

By Prospect Team   March 2020

What is the first news event you can recall?

A bit of a cliché, but it was the assassination of JFK. I was in grade school; the kids were really shocked; we didn’t imagine we lived in a country where things like that could happen.

What is the biggest problem of all?

Clearly climate change. Nothing else matters if we don’t deal with that. What makes it excruciating is that we know perfectly well how…

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