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Paul krugman on not doing your homework

Paul Krugman's views on Donald Trump's protectionist policies, Indian economy and more Trump's views of America were "50 years out of date", said the US economist. The American economist criticised Trump for his protectionist policies which could lead to a disruptive trade war.

We look at Krugman's views on developments in the global and Indian economy. On Donald Trump's trade policies Paul Krugman accused Donald Trump of not taking his job seriously and warned trade protectionist measures could lead to "risks of a disruptive trade war".

Trump views 50 years out of date, may trigger disruptive trade war: Paul Krugman

Trump's views of America were "50 years out of date", said the US economist. He doesn't say to himself that I am the most important official in the world, I have better do my homework for understanding the issue. He just goes that these are my gut feelings and hires people who make him feel good.

Taking on Trump for his protectionist policies, Krugman said, "All the investments the businesses have made is based upon the assumptions that the open trading system would continue.

Question of the day: Are you down with, or done with, homework?

There is an enormous amount of fiscal capital and a large number of jobs are dependent on these value chains. Trade relations between US and Asian countries including China could also take a hit, he said. Krugman on Chinese economy "China is a financial crisis waiting to happen. China is an unbalanced economy. There is a significant risk of a Chinese bubble burst," Krugman said.

  • As for Clinton herself, her bandwagon-jumping nature is a big reason why so many people dislike her;
  • But in this instance there was the additional element of dishonesty;
  • However, withdrawing 86 per cent of the currency in circulation in a economy that was close to 98 per cent cash-driven, had its impact on growth, as seen in the official data released in May;
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He also criticised the "strongman rule" in China. Krugman on Indian economy India made rapid economic progress during the last 30 years but Krugman warned lack of jobs and slowing manufacturing sector could derail the growth story of the world's fastest growing economy.

  • And how exactly did she plan to exercise that power?
  • When Sanders said he wanted to use Dodd-Frank to break up the big banks one could consider that from two angles;
  • Most students have a minimum of 1-2 hours per day of homework, few have less than that, and the other have over 2 hours;
  • And how exactly did she plan to exercise that power?
  • For example, in a science work packet I can be ok with the crossword puzzle on the given subject—you have to look those answers up, so there is material to be learned.

It is a very rapid space of transformation. Another concern for India is high economic inequality, amid rapid economic progress, resulting in uneven distribution of wealth, according to Krugman. Terming India's economic growth progress as "extraordinary", the economist said the country has become on purchasing power the world's largest economy overtaking Japan and while being behind the US and China, it is far bigger than any European country.

Paul Krugman

Attributing factors that played a role in the economic "progress", Krugman said there was a dramatic change in India's policy including liberalised policies taken in early 1990s.

India used to have Licence Raj, where bureaucratic obstacles were immense and that has not gone away completely but enormously reduced. India has become a much easier place to do business that it was.

The PM said India moved from 148 to 100 in the rankings. That is not a badge of distinction, but it is better than it was," he observed. He also touched upon the problem of corruption that the country has been facing.

You cannot become Denmark with Chinese levels of corruption," he added.

  • Sanders supports the agreement as a first step and says much more is needed;
  • Did she plan then to have the Treasury Dept;
  • I think if done right, it can most defiantly reinforce what you are learning in class;
  • Terming India's economic growth progress as "extraordinary", the economist said the country has become on purchasing power the world's largest economy overtaking Japan and while being behind the US and China, it is far bigger than any European country;
  • Taking on Trump for his protectionist policies, Krugman said, "All the investments the businesses have made is based upon the assumptions that the open trading system would continue;
  • Unlike the advanced economies, it is "conventional macroeconomic issues" which are afflicting India, he said.

In July, last year, the economist had blamed the Modi government's note-ban, hawkish monetary policy of RBI and a strong rupee for the tepid growth, saying the 6 per cent GDP expansion was "disappointing" for a country like India. You probably should be doing 8 or 9 per cent," the economist said.

KRUGMAN: Jimmy Kimmel has ‘done more homework on health than any Republican senator’

Unlike the advanced economies, it is "conventional macroeconomic issues" which are afflicting India, he said. On November 8, 2016, Prime Minister Narendra Modi took the nation by surprise abolishing Rs 500 and Rs 1,000 banknotes with stated objective to fight the scourge of black money.

However, withdrawing 86 per cent of the currency in circulation in a economy that was close to 98 per cent cash-driven, had its impact on growth, as seen in the official data released in May.