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Nobel prize-winning economist Paul Krugman on inflation, Modern Monetary Theory, and why government underspending worries him

Paul Krugman

Summary List Placement

Inflation. Multitrillion-dollar spending proposals. The Federal Reserve’s rate strategy. The economic recovery in general.

There wasn’t a lack of topics to discuss when Insider spoke with Paul Krugman, a Nobel laureate and the author of “Arguing With Zombies: Economics, Politics, and the Fight for a Better Future.” Krugman is among the world’s most prominent economists and has been outspoken in his thoughts on the recovery from the COVID-19 recession.

Presented below is a lightly edited transcript of the Wednesday conversation, in which Krugman addresses his biggest concerns around the rebound, what he’s monitoring for possible inflation shocks, details ⇒

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