The Economics Show Coming soon: The Wolf-Krugman Exchange: One year of Trump
4 snips
Nov 24, 2025 
Join Paul Krugman, a Nobel laureate and economics guru from CUNY, as he teams up with Martin Wolf, chief economics commentator at the FT. They dissect the economic ramifications of Trump's second term, exploring how his policies have boosted China's image while undermining US global leadership. Krugman intriguingly suggests that US chaos might inadvertently yield benefits in the geopolitical landscape. With a fresh perspective and renewed energy, this conversation promises to deliver sharp insights on the current state of our economy and democracy.
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Krugman's Personal Take After A Year
- Paul Krugman shares his personal mood after almost a year of Trump's term and says he is "not in despair."
- He contrasts current troubles with his earlier fear of being in despair a year ago.
China Gains From US Weakening
- Paul Krugman argues Trump's presidency has strengthened China's relative credibility worldwide.
- He says US soft power, scientific base and negotiating credibility have been substantially weakened.
Erosion Of America's Institutional Strengths
- Paul Krugman says Trump's actions have eroded multiple long-standing sources of American strength.
- He lists the scientific base, universities and credibility as notably weakened pillars.
