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Paul Krugman Supports Stimulus, Warns No Quick Fix

Complete video at: http://fora.tv/2009/01/29/Paul_Krugman_Global_Economy Nobel Prize-winning economist Paul Krugman weighs various proposed economy-stimulating plans for the Obama stimulus package, but warns that any government action will take time to have a significant effect on the economy. ----- Ten years ago, in The Return of Depression Economics, Paul Krugman warned of the financial crisis we are facing today. Princeton professor and winner of the 2008 Nobel Prize in Economics, Krugman is recognized worldwide for his ground-breaking theory of international trade. In his bi-weekly column in the New York Times, Krugman delivers a no-holds-barred commentary on economic policy, politics, and more. - World Affairs Council of Oregon Paul Krugman is an American economist, columnist, author and intellectual. He is a professor of economics and international affairs at Princeton University, a centenary professor at the London School of Economics, and an op-ed columnist for The New York Times. In 2008, Krugman won the Nobel Memorial Prize in Economic Sciences.
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