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The Prospect Interview #123: Paul Krugman on zombie economics

Plus what the Nobel Prize-winner makes of Joe Biden and Bernie Sanders

By Prospect Team  

What are the economic myths that have shaped the 21st century, and why do some of the most influential among them refuse to die? Nobel Prize-winning economist and New York Times columnist Paul Krugman joins the Prospect podcast to talk about what he calls “zombie economics”: the right-wing free market economic orthodoxy that he believes persists past its sell-by date. He also reflects on America’s 2020 election, whether he misjudged Obama, and if he has faith in the future of economics.

Paul Krugman’s Arguing with Zombies: Economics, Politics, and the Fight for a Better Future, is published by W. W. Norton.

Articles discussed in the introduction

Paul Krugman on coronavirus and climate change

David Runciman on Keynesians and the lockdown

Tom Clark on coronavirus’s market aftershocks

       

Find all episodes of the Prospect interview here

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