Paul Krugman on zombie economics

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: https://www.wwnorton.co.uk/books/9781324005018-arguing-with-zombies

Articles discussed in the introduction:

Paul Krugman on the coronavirus and climate change: https://www.nytimes.com/2020/03/28/opinion/coronavirus-trump-response.html

David Runciman on Keynesians and the lockdown: https://www.lrb.co.uk/the-paper/v42/n07/david-runciman/too-early-or-too-late

Tom Clark on coronavirus’s market aftershocks: https://www.prospectmagazine.co.uk/magazine/locking-down-leaders-damned-whatever-they-do-coronavirus-covid-19-pandemic-quarantine-social-distancing-economy-recession

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