Krugman at length

In mid-December Vox had a long interview with Paul Krugman by  Ezra Klein. Here are just a few snippets to whet your appetite.

Ezra Klein

How would you design a maximally pro-growth tax reform bill?

Paul Krugman

My general principle is that taxes, as an issue, are just way, way overrated in economic policy. There’s very little evidence from economic history that they matter much at all, at least in the ranges we are talking about.

and

Ezra Klein

Should the next administration, or even this one, consider a jobs guarantee?

Paul Krugman

Well, that’s an interesting question, one I haven’t really thought through as thoroughly as I’d like. There’s a lot to be said for it. Safety net programs make sure that you have food and medicine. What they can’t do is they can’t give you dignity. Dignity is really important; it matters a lot. People want jobs, not just support.

 

 

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