Notes on Europe's Economy – Paul Krugman

Posted3 months agoActive3 months ago

rbanffy

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paulkrugman.substack.comOtherstory

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European EconomyMacroeconomicsEconomic Policy

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European Economy

Macroeconomics

Economic Policy

Paul Krugman shares his insights on Europe's economy, sparking a low-key discussion on the HN community about economic trends and policy.

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01Story posted
Sep 28, 2025 at 10:07 AM EDT
3 months ago
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Discussion (2 comments)

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Findeton

3 months ago

1 reply

Krugman is a statist. The truth is that GDP per capita growth has been much slower in Europe than in the US since 2008 — except in a few countries that adopted a more free-market approach, such as Poland, Switzerland, or Ireland.

rbanffyAuthor

3 months ago

> GDP per capita growth has been much slower in Europe than in the US

GDP per capita is a crude indicator that doesn’t capture the distribution of the GDP among the population.

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