Why the AI boom feels more like a crisis than a celebration: Paul Krugman reveals today’s tech surge contrasts sharply with 1990s optimism. Despite AI-driven growth averting recession, fears over job loss, policy uncertainty, and political strife dampen hope. Explore his insights on this paradox and what it means for our future. Full article: https://paulkrugman.substack.com/p/why-arent-we-partying-like-its-1999 #PaulKrugman #AI #economy #tariffs #consumerSentiment #technology #recession #techBoom #economicPolicy
Why Aren’t We Partying Like It’s 1999?

Fear, not hope, permeates today’s technology hype

Paul Krugman
State terror in America? Paul Krugman exposes how a recent ICE raid in Chicago, marked by aggression and sweeping detentions, signals a dangerous authoritarian shift under Trump. Crime rates are down, yet the administration uses fear to justify repression, risking democracy's core. Explore Krugman’s urgent call to resist here: https://paulkrugman.substack.com/p/state-terror-american-style #PaulKrugman #StateTerror #Autocracy #ChicagoRaid #RuleOfLaw #ICE #TrumpAdministration #AmericanDemocracy
State Terror, American Style

Forget about “soft autocracy”

Paul Krugman
Curious if Europe really needs a Silicon Valley to thrive? Paul Krugman challenges the notion that Europe’s economic woes stem solely from tech lag behind the U.S. and China. He reveals tech gains stay highly regional, even within America, questioning if benefits truly diffuse widely. His insights unravel myths about tech’s role in growth and urges caution on overconfidence. Dive deeper for nuanced views on tech, growth, and global gaps: https://paulkrugman.substack.com/p/tech-and-the-wealth-of-nations #PaulKrugman #Europe #technology #SiliconValley #economicgrowth #productivity #techsector #globalcompetitiveness
Tech and the Wealth of Nations

Does every country need to have a Silicon Valley?

Paul Krugman
Could the Affordable Care Act face a "premium apocalypse" in 2026? Paul Krugman, in conversation with Jonathan Cohn, exposes the looming crisis as enhanced ACA subsidies—key to covering 24M+ Americans—are set to expire. They dissect GOP resistance, misinformation, and political games risking affordability for millions. Learn how policy and politics collide: https://paulkrugman.substack.com/p/talking-with-jonathan-cohn. Kudos to Krugman for this crucial analysis. #PaulKrugman #JonathanCohn #ACA #healthpolicy #subsidies #premiums #USpolitics
Talking With Jonathan Cohn

The coming premium apocalypse, the shutdown, and more

Paul Krugman
Is American democracy in irreversible decline? Paul Krugman argues the crisis runs deep, with Trump as a symptom, not the cause. Supported by the Supreme Court and an authoritarian GOP, democratic norms erode as power tilts toward autocracy. Polarization fuels this shift, far beyond one leader’s tenure. Discover the full analysis: https://paulkrugman.substack.com/p/declining-american-democracy-trump #PaulKrugman #AmericanDemocracy #GOP #Authoritarianism #PoliticalPolarization #Trump #Voteview #BrightLineWatch
Declining American Democracy: Trump is a Symptom, Not the Cause

The modern GOP is inherently authoritarian

Paul Krugman
“They now rate the #UnitedStates as an ‘ #illiberaldemocracy’. That means that the ruling party can still lose #elections, so we aren’t a full #autocracy just yet. However, that democracy is on the ropes …” open.substack.com/pub/paulkrug... #PaulKrugman

Declining American Democracy: ...
Declining American Democracy: Trump is a Symptom, Not the Cause

The modern GOP is inherently authoritarian

Paul Krugman

An Autocracy of Dunces - Paul Krugman

How stone-faced generals, Wall Street pushback, and a government shutdown may save America’s quickly declining democracy

Paul Krugman
Oct 02, 2025

If America still had a fully functioning democracy, Donald Trump’s speech Tuesday to the assembled generals would have ended his presidency. Trump treated the event like a political rally and was clearly taken aback by the refusal of the audience to applaud or laugh at his jokes. Delivering a nakedly partisan speech to a mandated assembly of military officers was a gross violation of the Hatch Act. The content —telling the officers to be ready to use force against U.S. citizens — was clearly an impeachable offense. In an earlier era, Trump’s incoherent ranting would have paved the way for his immediate removal from office under the 25th Amendment.

It’s clear that the decision to summon top officers from around the world to receive a lecture about “warrior ethos” from a man who installed a makeup studio at the Pentagon was made by Pete Hegseth. It confirmed publicly what is being whispered within the military, and presumably among our allies and enemies: that Hegseth is an abject incompetent who isn’t remotely up to the job. And this toe-curling performance is a reflection of his underlying panic.

It’s yet another example of Trump being undone by his even more chaotic minions – RFK Jr. and vaccines , Peter Navarro and his “Liberation Day” tariffs, Bill Pulte’s scurrilous use of private mortgage information (which implicated his own family) and Brendan Carr’s own-goal from going after Jimmy Kimmel. I could go on, but I think the point is made.

An Autocracy of Dunces

How stone-faced generals, Wall Street pushback, and a government shutdown may save America’s quickly declining democracy

Paul Krugman
Can incompetence save democracy? Paul Krugman reveals how Trump’s autocratic yet inept moves—like a partisan military speech and faulty appointments—risk America’s future but spark vital resistance. Explore the nuances of failing leadership and hope in his analysis. Read more: https://paulkrugman.substack.com/p/an-autocracy-of-dunces #PaulKrugman #democracy #Trump #governmentshutdown #incompetence #autocracy #military #Republicans #healthcare #politics
An Autocracy of Dunces

How stone-faced generals, Wall Street pushback, and a government shutdown may save America’s quickly declining democracy

Paul Krugman
Paul Krugman challenges Pete Hegseth’s “lethality” speech to military leaders, calling it regressive and out of touch with modern warfare. Emphasizing brute force and machismo, Hegseth overlooks innovation, tech, and diversity—key to Ukraine’s fight against Russia. This outdated mindset risks damaging U.S. military effectiveness and leadership. Read Krugman’s full critique: https://paulkrugman.substack.com/p/bulging-biceps-dont-win-modern-wars #PaulKrugman #PeteHegseth #Military #ModernWarfare #Trump #Ukraine #Diversity #Leadership #MAGA
Bulging Biceps Don’t Win Modern Wars

Hegseth’s speech was vile. It was also stupid.

Paul Krugman
‘The truth, however, is that coal is a dying industry for very good reasons, and anti-wokeism is unlikely to revive it.’
#PaulKrugman
https://open.substack.com/pub/paulkrugman/p/fossil-fuels-and-fossilized-minds?utm_campaign=post&utm_medium=email
Fossil Fuels and Fossilized Minds

What’s driving the doomed attempt to revive coal?

Paul Krugman