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Paul Krugman
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- 2020-02-14
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- 2020-02-14
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“What a lot of people were going through. And so I regret if I had had a better sense of what was really going on, maybe I could have contributed a little bit to making it better.”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“Everything publishing the way that they're treated in seminars, and of course, then they, thanks to we have anonymous social media, we know the way that some male economists talk about their female colleagues. And I was oblivious. Maybe at some sense, but I didn't realize I don't think I was ever doing it, but I wasn't campaigning to say let's stop this. So I really wish that I had been more aware. I was sitting there comfortably, you know, in a super comfortable environment. I had all the qualifications at the right school. I was white, I was male, I was Jewish, which in economics in my generation was sort of normal. And had no idea.”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“People, how badly women have been treated, you know, not Harvey Weinstein level, but lots of discrimination. Is this into”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“Oh actually see the thing is my career has been the angels were smiling on me. I've had an optimal career. They'd never been anything that everything who broke the right way for me in ways that I had no right to expect. So it's not that. There is now a major... Sort of scandal has pretty much come up in economics where we're realizing just how strong the misogyny within the profession has been, just how badly”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“Do figure out what you're good at. And something that interests you, but not necessarily of cosmic importance. Figure out something that's really good and that you do well and get that as a kind of a baseline. You can branch out. You can start to do stuff like writing newspaper columns or so on later on. But you do want to get that baseline. In fact, your contribution to society by and large is basically the answer is don't try to be me. Not yet. I quote in arguing with zombies, I quote, there was an essay by Raymond Chandler on writing books. And he said, you know, that there have been some very dull books written about God and some very fine books written about making a living while staying fairly honest. So focus on where you can actually add.”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, it depends on what you want to do, but you're going to need some kind of graduate degree to get entrade into stuff. A master's in some cases is good enough. But you do need some certification. The thing I can say is...”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“Anyone who is not a socialist under 30 has no heart. Anyone who's still a socialist after 30 has no head. There you go. That was the old line.”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“Well some I mean although there are plenty of horrible young people And plenty of pretty decent older people. So it's not that straightforward, but I think it is true that the younger generations are more tolerant than older generations. And on the other hand, I grew up in the 60s and I did watch lots of Age of Aquarius people turn into Wall Street traders. So that's not always the case that people...”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“And kicking the cat in any way they can. Yeah. And does anybody, and it's always the usual things. It's always about brown people. It's always, I don't know if anybody listens to Tom Lehrer anymore, but he had a great satirical song from like 1961 about the choruses, The Protestants Hate the Catholics, and the Catholics hate the Protestants, and the Hindus hate the Muslims, and everybody hates the Jews. Right. And so that's always there. But the point is that there was a sort of... Assumption that the majority of the population was like that, which was probably true in the 50s. And it's a lot better now.”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“I actually wrote something. It's not in argument with zombies, but I wrote something early 2000s about France, where at the National Front had gotten a lot of votes in an election and saying that there are angry people, that there's something like a quarter of the population in every advanced country who are all of these things. Don't go away. The idea that we're”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“Americans are just incredibly more open minded than they were, as part of the young people, not just young people. I mean, when I think back to what the country was like in the early 1980s, I mean, and you can see it both, you can see it in polling, but other things too. I mean, as an adult, a working economist, I lived in a country where only a third of white people thought interracial marriages were okay. A country where, I mean, as recently as 2004, gay marriage was a major election-losing issue. We had a closed-mindedness and prejudice level, and we've gotten vastly more tolerant, and that's got to be a good thing.”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“Yeah, I mean, for complicated reasons, I tracked the collapse of democracy in Hungary pretty closely. And you can easily see, I mean, if Trump was as smart as Viktor Orban, we'd have lost it already. And so this is what really scares me most. There's my pessimism. My optimism, you know, the”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“Yeah, you want to go village to village. Although I've done them in Vermont, I've done them in Quebec. I've done, you know, but it's a great way to get out of your head. Instead of worrying about the fate of the economy or the fate of, it's just, can I actually get up that hill?”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“She actually has the last couple she's gone and done other things and met me at the end. But I have some buddies, all of them, you know, sort of my age who are all of us still saying, hey, we can still do this. Let's do it.”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“Yeah, more or less. Well, not pays vehicle. There's a van that pops up with bottles of cold water every once in a while and takes your bags to the next hotel. And so I've been doing lately, I've been doing two of those a year.”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“So far, so far so good. I mean, you know, we'll time when I can. And the other thing I do is I do. I do bike trips now. I have actually done bike trips one way. Like the full full.”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“Add that, but the two of them are both one is slide guitar and one is regular guitar and They do amazing harmony vocals, and that was just. They got hot recently, didn't they? They got nominated for a Grammy. They didn't win one, but they got nominated for Grammy. And I saw them at Bowery Ballroom, which is...”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“And then one before that was another Larkin Poe, which is blues. Their two sisters from Atlanta, and they have a band for touring. They have a band. And their records are just them plus various pieces of a drummer.”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“Okay, last two I saw Most recently, Rena del Cid, which is actually an indie band, it's also a person, but she's the core of it from Minneapolis, does sort of folky stuff, but really... Great fun, and I saw that at Rockwood Music Hall, which is a standing only venue. You stand there with a beer in your hand and you're five feet from the band. So that was great.”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, utterly lacking an empathy for the people who are less fortunate than himself. So that's fair. That's fair. But not actively evil in the same way that Cheney was, and certainly not in the way that Trump is.”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“It never happened. And usually when I make these things, I go back and ask myself, was that actually grounded in hard thinking or was I letting my desire to see bad things happen to bad people influence my judgment? And that's usually what is the thing?”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“But it is a reminder not to let, and I've done some things before. I mean, I was warning about a debt crisis during the Bush years.”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“Oh gosh, I mean, there have been multiples, but... I mean, obviously, I made a bad call about the economy on election night 2016. Yeah, but didn't”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“And it's kind of weird. I mean, but it's Chinese That's very different in feel. And it's strange, but it's full of interesting ideas. And even some character development. A lot of science fiction, I have to admit, the characters are kind of two-dimensional. He does a little bit better than that with this. It's not the best that I, stuff I've read.”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“Okay, so favorite books. God, so many things. I mean, Actually, it was very much influenced by the philosophy of David Hume. An inquiry concerning human understanding about how skepticism and demanding evidence made a big difference. It was actually only years later that I realized that actually he probably was the first modern economist even before Adam Smith.”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“So, all kinds of stuff, and I just read a long, detailed book on the peninsular war, which is part of the Napoleonic Wars, but it's the piece where the Spaniards and the Portuguese with help from the Duke of Wellington were fighting the French in Spain. And what was great about that was that... Most of the stuff that you read about that in English is very Wellington centered. It's very much about the British Army, but this one gives you the whole panorama, which is much vaster and much more brutal. The peninsula.”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“There's going to be a new version coming out. And previous ones, they've all screwed it up somehow. But let's see, because that is actually an incredible book. Yes. The other thing I do is I read a lot of history.”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“So give us some other books. He's interesting. So, I mean, and in science fiction, actually, I just recently, for the first time in decades, reread Dune. Oh, really?”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“But he's incredibly prolific, and I had a memorable evening with him and several other science fiction authors who all live in Edinburgh Where we talk science fiction and tasted single malt scotches, and I describe it as a half memorable evening because I only remember the first half.”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“Okay, so I'm a geek, so I read a lot of science fiction. Anything by Charlie Stross, who I consider the greatest living science fiction author. And the Yeah, STROS But lots of, there we are. Actually, if you search, you can find I have met him. Atrocity.”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“Maybe you have to actually do economics as an advocation to appreciate the greatness. Keynes' ability to think his way out of the box in which economists were trapped at the time and see things differently. There's never been anything like it. I would say not even Adam Smith did as much to really just say the world is not the way you think it is.”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“Yeah, so although I wasn't an advisor, but Bob Solo of MIT just, I... A whole lot of the way I do economics, the whole writing style, which spills over to my public writing as well, comes a lot from Robert Solo, who was this great MIT economist who had this tremendous gift for taking complicated issues and turning them into simple models that illuminated the world. And I've always been in that. And then not a simple modeler, but John Maynard Keynes”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“And then Rudy Dornbush at MIT. Was a huge influence on me and on many students, so huge influence. So those are the two people whose personal advice, mentorship mattered a huge amount to me.”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“Okay, so I had two great economics mentors. First, Bill Nordhaus. Oh, shit. MIT. Yale. Yale, okay. Nobel laureate, although after me, which is kind of weird, but he got it. And I was his research assistant when I was still an undergraduate. And that was tremendous apprenticeship”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“Your whole public persona. The public persona somehow, even though I don't think you don't encourage it. I don't encourage it. I don't insult. I don't talk about people's personal appearance. You're right. You're r”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“Okay, so we have touched on this before. I think the most important thing that people don't know is that I'm a pussycat and person.”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“In the future, there's another season coming. There's also going to be, I don't know how many people saw this, but altered carbon, which was a Netflix. That was a great science fiction novel, and they turned into a great series, and there'll be”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“And it makes me almost forgive Jeff Thesos for all the other things he's done that he rescued the expanse and has continued.”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“I have both Amazon Prime and Netflix, and I watch all kinds of stuff, but mostly not nerdy stuff. So I'm a huge fan of the expanse. Oh, God.”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“Okay, I actually shouldn't say that. I don't really do podcasts. Okay. I have very little. I am listening when I can to the Peterson Institute trade talks, which is that's professional listening.”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“Advocates want, but I would definitely be for that. But on the other hand, we may be on a slide into becoming an authoritarian one-party state. That has happened, and I'm really quite concerned that it could happen to us.”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“We had two years. Yeah. And so I think if we actually look at it, the possibility of another, we're not going to get Medicare for all. We're not going to get free college. We might get a Green New Deal, maybe not as big as the one that...”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“Do range from Trump victory and Republican Senate, probably still Democratic House, but to Democratic victories, Democratic sweep. And that would be really interesting. I mean, it would be give us a chance to do, you know, Obama only had two years when he was actually able to do anything.”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“Astronaut, by the way, in Arizona. Yeah. I try not to OD on this stuff too much. It's easy to know. But the realm of possibilities, I think.”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“It's a real chance now. That's one of those things that there's enough really weak Republican senators. And Arizona, there are places where she was in a...”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“So maybe, but then on the third-hand, there may be other factors coming in. And it's hard. I really have no ability to prognosticate on this stuff.”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“The peculiar thing, the amazing thing actually, is that where Trump's economy is bad is precisely where he promised to help. So foreign bankruptcies are way up. Manufacturing. We're in a manufacturing recession, even as we have. So it's possible that that tips the balance. Ohio.”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, it is interesting that to the extent that Trump was making the Trump economy overall, I have to admit it's a low unemployment economy.”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“I don't know. We really don't know. I mean, it was also a media obsession with Hillary's emails and all of that. And Trump won in large part because nobody thought he could possibly win. He benefited enormously from coverage that ignored the possibility of his winning. So it was okay to beat up on Hillary because obviously Trump can't win. And that won't happen, I hope, this time. God knows. I mean, the economy, unemployment is low, although what all of the political scientists say is that what matters is how fast is the economy growing, not the level, but the rate of change in the year before the election. 2%? And 2% is kind of borderline. That's more or less neutral.”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source
“Yeah, that's what most of it's that was largely a healthcare election. One thing that worries me about Medicare for all and all that is that instead of people talking about the fact that Trump wants to take away what we have achieved, that they're going to be talking about some radical new proposal. And we need to keep focused because, in fact”
2020-02-14 · Masters in Business · Paul Krugman on Challenging Zombie Ideas · IDENTIFIED FROM THE TRANSCRIPT · source