Paul Krugman and Tom Herman: Whither the Economy?


Plays: 45

Not long after Hurricane Katrina, Paul Krugman sat down with Thomas Herman, senior special writer for The Wall Street Journal, to ponder the question, “Whither the Economy?” You can listen to this amazingly insightful talk where Krugman discusses the American economy’s day of reckoning, his criticism of the Bush administration and former Federal Reserve Chairman Alan Greenspan, the housing bubble and other warning signs of the current financial crisis.