Photo: #Author Paul Krugman speaks at the 2007 Book Expo in New York City.

U.S. in Recession

Paul Krugman at the National Press Club

Broadcast: Midday, 12/19/2008, 12:00 p.m.

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Economist Paul Krugman addresses the country's economic crisis at the National Press Club.

Krugman won the 2008 Nobel Prize in Economics for his work at Princeton University and as a columnist for the New York Times.

Krugman joined Times in 1999 as a columnist on the Op-Ed Page and continues as professor of Economics and International Affairs at Princeton University.

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