Last updated on: 9/18/2018 | Author:

Paul Krugman, PhD Biography

Emeritus Professor of Economics and International Affairs at Princeton University
Pro to the question "Is the Patient Protection and Affordable Care Act (Obamacare) Good for America?"

“Obamacare means a huge improvement in the quality of life for tens of millions of Americans – not just better care, but greater financial security. And even those who were already insured have gained both security and freedom, because they now have a guarantee of coverage if they lose or change jobs.

What about the costs? Here, too, the news is better than anyone expected. In 2014, premiums on the insurance policies offered through the Obamacare exchanges were well below those originally projected by the Congressional Budget Office, and the available data indicates a mix of modest increases and actual reductions for 2015 – which is very good in a sector where premiums normally increase five percent or more each year. More broadly, overall health spending has slowed substantially, with the cost-control features of the ACA probably deserving some of the credit.”

“In Defense of Obama,” Rolling Stone, Oct. 8, 2014

Involvement and Affiliations:
  • Emeritus Professor of Economics and International Affairs, Princeton University, 2015-present
  • Distinguished Professor of Economics, Graduate Center, City University of New York (CUNY), 2015-present
  • Core Faculty, Stone Center on Socio-Economic Inequality, CUNY, 2015-present
  • Op-Ed Columnist, New York Times, 1999-present
  • Senior Scholar, LIS Cross-National Data Center, Luxembourg
  • Professor of Economics and International Affairs, Princeton University, 2000-2015
  • Centenary Professor, London School of Economics (United Kingdom)
  • Research Associate, National Bureau of Economic Research, 1979-2012
  • Recipient, Nobel Memorial Prize in Economic Sciences, 2008
  • Former Ford International Professor of Economics, Massachusetts Institute of Technology (MIT)
  • Former Professor, Yale University and Stanford University
  • Fellow, American Academy of Arts and Sciences (AAAS), 1992
  • Staff Member, Council of Economic Advisers, Reagan White House, 1982-1983
  • PhD, Economics, Massachusetts Institute of Technology (MIT), 1977
  • BA, summa cum laude, Economics, Yale University, 1974
  • Twitter: @paulkrugman
  • Recipient, Doctor of Human Letters honoris causa, Haverford College, 2004
  • Recipient, Fundacion Principe de Asturias (Spain), Prince of Asturias Awards in Social Sciences, 2004
  • Recipient, Columnist of the Year, Editor and Publisher, 2002
  • Recipient, H.C. Recktenwald Prize in Economics, University of Erlangen-Nuremberg (Germany), 2000
  • Recipient, Doctor honoris causa in Economics, Free University of Berlin (Germany), 1998
  • Recipient, Adam Smith Award, National Association for Business Economics, 1995
  • Recipient, John Bates Clark Medal, American Economic Association, 1991
Quoted in:
  1. Is the Patient Protection and Affordable Care Act (Obamacare) Good for America?