The economy studies the available resources and the way to administer them, for the satisfaction of human needs. Currently, you can find many economics-devoted blogs available to read out there.
In these complex articles and opinions about economic policies, current research, and the latest economic developments worldwide are published.
Economy bloggers vary in many aspects, as they can be students, teachers, and superstars. They can be tall, short, black, white, ginger, or Asian. However, it is their knowledge, research, and analysis backed by their experience and extensive knowledge of the field that makes people follow every word they say.
In addition to feeding your knowledge, reading blogs, can be much more striking than reading an academic magazine. When looking for unconventional and interesting information about the economy, Paul Krugman is the man.
In this article, we’ll analyze and give our opinion on how he seesthe economy developing during the COVID-19 pandemic.
Paul Krugman, the winner of the Nobel Prize in Economic Sciences, writes a column for the New York Times on politics, macroeconomics, health, trade, and social policy. Furthermore, his take on the economy has made many people around the world raise eyebrows in a mix of awe and confusion.
For example, Krugman believes that if the economic systems are put back on track sooner than advised, it could become a time bomb and end up backfiring. The result of this is a bigger, deeper recession all over the world, not only in the US, but also in Africa, and South America.
On the other hand, he’s totally on board on helping workers to survive the pandemic but without extra privileges. The idea is to help them without endangering their lives in the short or long run. However, there’s no light at the end of the tunnel for this.
As Paul Krugman says, the Republicans just don’t want jobs to be saved, as they consider the low prices of oil more crucial for the economy than, doctors getting help and resources. This makes people lose their temper and get frustrated about their president’s actions.
Krugman’s point of view will allow people to see politics and the economy differently, as they are both intertwined and respond to one another. We invite people to follow him on social media and bookmark his New York Times column to continue learning about the world economy.