Paul Krugman Podcast

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As promised, a live chat with Nate Silver without a single mention of either poker or sports — or, for that matter, monetary policy!

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Last week was supposed to be all about a hugely destructive North American trade war. Instead, that’s been put on hold, while other nightmares have come to the fore. But I’ve had numerous request from readers for a sort of primer on international trade flows, to help them parse the various claims about deficits and all that.

So what follows are a set of slides. To be honest, I didn’t have time to write this up fully, so I’ve done an audio narration instead. And I’m making it paid, mainly because those who have taken out paid subscriptions (thank you!) should get something in return.

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Thank you Paul Krugman, Ken Opalo, Andy @Revkin, Taegan Goddard, Ward Hayes Wilson, and many others for tuning into my live video with Azeem Azhar! Join me for my next live video in the app.

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If you want to listen to this, I suggest using headphones. For me the volume comes out too low otherwise.

Later this week I’ll be giving a presentation to Markus Brunnermeier’s macroeconomics webinar at Princeton; he asked me to talk about “geoeconomics”, which could mean a lot of things. But I decided to talk about a new view of trade imbalances, associated especially with Michael Pettis, that has been gaining some traction lately. It’s also mostly wrong, and some friends in the international economics community have asked me to take it on. I’ve already prepared a slide show for the presentation, and I thought I’d try talking about that slide show here.

This, by the way, is sort of the real me — or at least who I wanted to be: wonkish and relatively apolitical. Alas, the world had other ideas.

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