Hasan Minhaj Doesn't Know Why the Stock Market Hasn’t Crashed Yet - with Paul Krugman
133 snips
Nov 12, 2025 
Join Nobel Prize-winning economist Paul Krugman, former New York Times columnist, as he shares his insights on today’s economic landscape. He discusses the stock market's surprising resilience amid chaos, calling it largely psychological. Krugman expresses skepticism about crypto, labeling Bitcoin as impractical, and reflects on the implications of rising inequality. The conversation dives into the Federal Reserve's role, the challenges of deflation, and the true meaning of free trade, all while questioning whether capitalism and democracy can coexist.
AI Snips
Chapters
Books
Transcript
Episode notes
Growth Can Be Qualitative
- Economic growth can be qualitative, not just more stuff, improving quality of life rather than resource use.
- With the right policies, rising living standards can continue on a finite planet.
Who To Trust Among Economists
- Trust in economists depends on their affiliation and incentives, not the label "economist."
- Audiences need guidance to know which economists to trust.
Protect Fed Independence
- Preserve central bank independence because monetary policy is easy to misuse and powerful.
- Keep the Fed insulated so short-term politics can't manipulate interest rates.
