The Wolf-Krugman Exchange: how the old economic order fell out of favour

单集文稿 ...

• 00:00

  Shall we start?

• 00:01

  Okay, let us roll.

• 00:09

  This is the second in our series, The Wolf Krugman Exchange.

• 00:13

  I'm Martin Wolf, Chief Economics Commentator at the Financial Times.

• 00:17

  And I'm Paul Krugman,

• 00:18

  Professor at the City University of New York and independent newsletter writer on Substack.

• 00:25

  And for the record...

• 00:27

  We're recording this conversation on Monday, June 9th at 2 p.m.

• 00:31

  London time, which is 9 in the morning for me here in New York.

• 00:35

  And before we get to the theme of this episode, which is how did we get here,

• 00:41

  I want to ask you, Paul, what just happened between two important gentlemen in Washington?

• 00:49

  Wow.

• 00:53

  Let me start with actually a kind of a life lesson.

• 00:55

  I mean, the philosophers always tell us that wealth and power don't bring you happiness.

• 01:01

  And boy, are we seeing that illustrated in real life.

• 01:05

  You have the richest man on earth and the most powerful man on earth, and both are,

• 01:09

  they reveal a lot more of their thoughts because of social media than they would have in the past.

• 01:14

  And both appear to be extremely miserable human beings with an amazing ability to feel mistreated and undervalued.

• 01:24

  And it's really hard to come up with what the substance of the dispute is here,

• 01:30

  except that it seems like Elon Musk kind of feels as

• 全部文稿