The Wolf-Krugman Exchange: The future of the postwar system

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• 00:00

  Should we be putting this on recording or?

• 00:02

  Let's start.

• 00:03

  I need to close the door so I can get some quiet here.

• 00:07

  Problem with modern family life.

• 00:08

  My wife's on another Zoom call in another room and it turned out that I could hear it.

• 00:16

  This is the fifth in our series, the Wolf-Krugman Exchange.

• 00:20

  I'm Martin Wolff, Chief Economics Commentator of the Financial Times.

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  And I'm Paul Krugman.

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  Professor at City University of New York and author of an independent substack newsletter and today's episode is being recorded on Monday,

• 00:34

  June 30th At 9 in the morning in Massachusetts where I am now and 2 p.m.

• 00:40

  At London.

• 00:40

  Tell us where you've been recently pull Yeah Occasionally I do stupid things so I was in Sao Paulo last week and I spent zero nights there I took the overnight flight down,

• 00:57

  spoke at a big financial conference, and then took the overnight flight back.

• 01:01

  So I spent two successive nights sleeping on airplanes, which is really stupid,

• 01:05

  although somehow or other, I managed not to get sick.

• 01:08

  Well, that makes me feel much better about my trip.

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  Last Monday night, I went to Delhi,

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  but I actually spent four days there, and I was attending a conference.

• 01:22

  on the economic policy of the National Council

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  for Applied Economic Research and I met a number of policy makers and journalists and got a really sort of interesting little new take and met some friends who are very involved,

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