Paul R. Krugman

Using a shared currency has made it difficult for Europe to recover from its economic crisis, Nobel Prize-winning economist Paul Krugman says. He explains why the euro experiment may fail — and what that would mean for the global trading system.

Nobel Prize-winning economist Paul Krugman argues that free markets alone can't fix the health care system. Heritage Foundation Vice President Stuart Butler advocates a restructured system based on consumer choice.

Nobel laureate Paul Krugman believes that increased public spending — akin to the efforts of the New Deal during the Great Depression — is the best way to escape the financial crisis and regain American global leadership.