Saving the World Economy: Paul Krugman and Olivier Blanchard in Conversation

Published 2015-12-21
Two of the foremost experts on the international economy, Paul Krugman and Olivier Blanchard, engage in a discussion about recent crises around the world and how to prevent global economic collapse. Paul Krugman is a Nobel Prize-winning economist, noted New York Times columnist and author, and distinguished professor in the Ph.D. Program in Economics at the Graduate Center. Olivier Blanchard, chief economist at the International Monetary Fund from 2008 to 2015, is a senior fellow at the Peterson Institute for International Economics and Robert M. Solow Professor of Economics emeritus at MIT.

Presented on December 7, 2015, by GC Public Programs and the Ralph Bunche Institute for International Studies.

All Comments (21)
  • @Rubin4749
    I admire both of these economists. Without getting too much into politics, I consider these two gentleman to be one of "the good guys". I became familiar with Blanchard because he worked with Stanley Fischer alot, and you see them co-writing papers alot etc.
  • Re: Time of the schools of thought discussion. I closed the presentation before I read the comments, thus I could not see the time stamp.
  • @Keil253
    Bravo. Interesting talk...and Paul can disagree without being disagreeable!
  • When they discuss schools of macro that exist (reference made to Robert Lucas, Edward Prescott; then people in their camp), they set forth an understandable summary of the current major dispute. It occurs maybe an hour in, but it is worth finding.
  • @BrazilDan1
    35:00 Look at what has happened to Argentina by now (2019), after years of the attempt at "expansionist contraction". I guess it's one example of "success" less...
  • @RobertLKing
    Does the transfer of wealth and associated purchasing power away from the middle income to the wealthy affect the economy negatively.
  • @powerslave6944
    I like these two Economists but listening to them is making me sleepy which is not a bad thing thou as it makes a good lullaby.
  • @lrtlrt467
    i have a green screen on this video!
  • @NoExitLoveNow
    I was interested in seeing this, but I found it disappointingly uninteresting.
  • Dominique was in jail but Clinton was reelected. Doesn't make me sens.
  • @Lerppunen
    The policies they advocate for caused the rotten situation we are in right now.
  • a lot of back patting. very little substance of HOW to save the global economy. What about secular stagnation and how to fight it? Rise of the robots ? colapse of productivity? soaring inequality? Only one piece of thinking out of the box..raising the wages across the board in japan, i liked that one. Anyway a bit of a dissapointment this video.
  • @marutanray
    a good debate among leftists. where anyone who disagrees is not given a voice.