BBC Business Headlines

Goldman Sachs fined £20m by FSA
Wall Street banking giant Goldman Sachs is fined £20m by the UK's financial watchdog, the BBC learns.


Rig firms hit back at BP report
Contractors who worked for BP on the ill-fated Deepwater Horizon oil rig criticise the company's report into the Gulf of Mexico oil spill.


Shoppers turning to card payments
The number of cash machines in the UK has fallen and withdrawals have dropped as shoppers turn to cards, figures show.


Empty shops highlighting 'divide'
The number of shops closing in Britain is slowing but a north-south divide has emerged, a survey by retail analysts the Local Data Company suggests.


US economic growth 'decelerating'
US economic growth showed "widespread signs of deceleration" in August, says the Federal Reserve's Beige Book.



Search Books:

Join our mailing list:


Business Blogs

NY Times Economix

Nearly 5 Jobless Workers Per Opening in July
That's a better ratio than what the economy showed earlier this year, but it still shows persistent softness in the United States labor market.

The Thoughtful Roar of the Housing Bears
Bloggers expand on the case for gloom in the real-estate market.

What We're Reading: Lying Pants
Links from around the Web.

New York State Still Has Highest Unionization Rate
A new report looks at the organized labor in the Empire State and around the country, and how its size and composition have changed over the years.


Paul Krugman
MM_XSLTransform error.
http://krugman.blogs.nytimes.com/rss2.xml is not a valid XML document.
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 31
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 31
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 31
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 31
DOMDocument::loadXML() [domdocument.loadxml]: AttValue: " or ' expected in Entity, line: 54
DOMDocument::loadXML() [domdocument.loadxml]: attributes construct error in Entity, line: 54
DOMDocument::loadXML() [domdocument.loadxml]: Couldn't find end of Start Tag body line 54 in Entity, line: 54
DOMDocument::loadXML() [domdocument.loadxml]: StartTag: invalid element name in Entity, line: 56
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 77
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 77
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 77
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 77
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 77
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 77
DOMDocument::loadXML() [domdocument.loadxml]: Opening and ending tag mismatch: img line 77 and a in Entity, line: 77
DOMDocument::loadXML() [domdocument.loadxml]: Opening and ending tag mismatch: a line 77 and noscript in Entity, line: 77
DOMDocument::loadXML() [domdocument.loadxml]: Opening and ending tag mismatch: noscript line 77 and div in Entity, line: 77
DOMDocument::loadXML() [domdocument.loadxml]: Opening and ending tag mismatch: input line 80 and div in Entity, line: 81
DOMDocument::loadXML() [domdocument.loadxml]: Opening and ending tag mismatch: input line 80 and form in Entity, line: 82
DOMDocument::loadXML() [domdocument.loadxml]: Opening and ending tag mismatch: img line 83 and a in Entity, line: 83
DOMDocument::loadXML() [domdocument.loadxml]: Opening and ending tag mismatch: a line 83 and div in Entity, line: 85
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 150
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 150
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 150
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 150
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 150
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 150
DOMDocument::loadXML() [domdocument.loadxml]: Opening and ending tag mismatch: img line 150 and a in Entity, line: 150
DOMDocument::loadXML() [domdocument.loadxml]: Opening and ending tag mismatch: a line 150 and noscript in Entity, line: 150
DOMDocument::loadXML() [domdocument.loadxml]: Opening and ending tag mismatch: noscript line 150 and div in Entity, line: 150
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 183
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 183
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 183
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 183
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 183
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 183
DOMDocument::loadXML() [domdocument.loadxml]: Opening and ending tag mismatch: img line 183 and a in Entity, line: 183
DOMDocument::loadXML() [domdocument.loadxml]: Opening and ending tag mismatch: a line 183 and noscript in Entity, line: 183
DOMDocument::loadXML() [domdocument.loadxml]: Opening and ending tag mismatch: noscript line 183 and div in Entity, line: 183
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 255
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 259
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 263
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 267
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 271
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 362
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 362
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 362
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 362
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 362
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 362
DOMDocument::loadXML() [domdocument.loadxml]: Opening and ending tag mismatch: img line 362 and a in Entity, line: 362
DOMDocument::loadXML() [domdocument.loadxml]: Opening and ending tag mismatch: a line 362 and noscript in Entity, line: 362
DOMDocument::loadXML() [domdocument.loadxml]: Opening and ending tag mismatch: noscript line 362 and div in Entity, line: 362
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 371
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 371
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 371
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 371
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 371
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 371
DOMDocument::loadXML() [domdocument.loadxml]: Opening and ending tag mismatch: img line 371 and a in Entity, line: 371
DOMDocument::loadXML() [domdocument.loadxml]: Opening and ending tag mismatch: a line 371 and noscript in Entity, line: 371
DOMDocument::loadXML() [domdocument.loadxml]: Opening and ending tag mismatch: noscript line 371 and div in Entity, line: 371
DOMDocument::loadXML() [domdocument.loadxml]: Opening and ending tag mismatch: img line 382 and li in Entity, line: 382
DOMDocument::loadXML() [domdocument.loadxml]: Opening and ending tag mismatch: li line 382 and ul in Entity, line: 384
DOMDocument::loadXML() [domdocument.loadxml]: Opening and ending tag mismatch: ul line 381 and div in Entity, line: 385
DOMDocument::loadXML() [domdocument.loadxml]: StartTag: invalid element name in Entity, line: 386
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 458
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 458
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 458
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 458
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 458
DOMDocument::loadXML() [domdocument.loadxml]: Opening and ending tag mismatch: img line 458 and script in Entity, line: 459
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 468
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 468
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 468
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 468
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 468
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 468
DOMDocument::loadXML() [domdocument.loadxml]: Opening and ending tag mismatch: img line 468 and a in Entity, line: 468
DOMDocument::loadXML() [domdocument.loadxml]: Opening and ending tag mismatch: a line 468 and noscript in Entity, line: 468
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 475
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 475
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 475
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 475
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 475
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 475
DOMDocument::loadXML() [domdocument.loadxml]: Opening and ending tag mismatch: img line 475 and a in Entity, line: 475
DOMDocument::loadXML() [domdocument.loadxml]: Opening and ending tag mismatch: a line 475 and noscript in Entity, line: 475
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 482
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 482
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 482
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 482
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 482
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 482
DOMDocument::loadXML() [domdocument.loadxml]: Opening and ending tag mismatch: img line 482 and a in Entity, line: 482
DOMDocument::loadXML() [domdocument.loadxml]: Opening and ending tag mismatch: a line 482 and noscript in Entity, line: 482
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 489
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 489
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 489
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 489
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 489
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 489
DOMDocument::loadXML() [domdocument.loadxml]: Opening and ending tag mismatch: img line 489 and a in Entity, line: 489
DOMDocument::loadXML() [domdocument.loadxml]: Opening and ending tag mismatch: a line 489 and noscript in Entity, line: 489
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 496
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 496
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 496
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 496
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 496
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 496
DOMDocument::loadXML() [domdocument.loadxml]: Opening and ending tag mismatch: img line 496 and a in Entity, line: 496
DOMDocument::loadXML() [domdocument.loadxml]: Opening and ending tag mismatch: a line 496 and noscript in Entity, line: 496
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 503
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 503
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 503
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 503
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 503
DOMDocument::loadXML() [domdocument.loadxml]: EntityRef: expecting ';' in Entity, line: 503
DOMDocument::loadXML() [domdocument.loadxml]: Opening and ending tag mismatch: img line 503 and a in Entity, line: 503
DOMDocument::loadXML() [domdocument.loadxml]: Opening and ending tag mismatch: a line 503 and noscript in Entity, line: 503
DOMDocument::loadXML() [domdocument.loadxml]: Opening and ending tag mismatch: noscript line 503 and body in Entity, line: 503
DOMDocument::loadXML() [domdocument.loadxml]: Opening and ending tag mismatch: noscript line 496 and html in Entity, line: 504
DOMDocument::loadXML() [domdocument.loadxml]: Premature end of data in tag noscript line 489 in Entity, line: 504
DOMDocument::loadXML() [domdocument.loadxml]: Premature end of data in tag noscript line 482 in Entity, line: 504
DOMDocument::loadXML() [domdocument.loadxml]: Premature end of data in tag noscript line 475 in Entity, line: 504
DOMDocument::loadXML() [domdocument.loadxml]: Premature end of data in tag noscript line 468 in Entity, line: 504
DOMDocument::loadXML() [domdocument.loadxml]: Premature end of data in tag script line 451 in Entity, line: 504
DOMDocument::loadXML() [domdocument.loadxml]: Premature end of data in tag div line 174 in Entity, line: 504
DOMDocument::loadXML() [domdocument.loadxml]: Premature end of data in tag div line 140 in Entity, line: 504
DOMDocument::loadXML() [domdocument.loadxml]: Premature end of data in tag div line 138 in Entity, line: 504
DOMDocument::loadXML() [domdocument.loadxml]: Premature end of data in tag div line 115 in Entity, line: 504
DOMDocument::loadXML() [domdocument.loadxml]: Premature end of data in tag input line 80 in Entity, line: 504
DOMDocument::loadXML() [domdocument.loadxml]: Premature end of data in tag div line 79 in Entity, line: 504
DOMDocument::loadXML() [domdocument.loadxml]: Premature end of data in tag input line 79 in Entity, line: 504
DOMDocument::loadXML() [domdocument.loadxml]: Premature end of data in tag form line 78 in Entity, line: 504
DOMDocument::loadXML() [domdocument.loadxml]: Premature end of data in tag div line 70 in Entity, line: 504
DOMDocument::loadXML() [domdocument.loadxml]: Premature end of data in tag div line 69 in Entity, line: 504
DOMDocument::loadXML() [domdocument.loadxml]: Premature end of data in tag div line 68 in Entity, line: 504
DOMDocument::loadXML() [domdocument.loadxml]: Premature end of data in tag div line 57 in Entity, line: 504
DOMDocument::loadXML() [domdocument.loadxml]: Premature end of data in tag html line 2 in Entity, line: 504 in file http://krugman.blogs.nytimes.com/rss2.xml.
<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd">
<html xmlns="http://www.w3.org/1999/xhtml" dir="ltr">
<head profile="http://gmpg.org/xfn/11">
<title>Page not found - Paul Krugman Blog - NYTimes.com</title>
<meta http-equiv="Content-Type" content="text/html; charset=UTF-8" />
<meta name="keywords" content="Economics, Politics, Paul Krugman" />
<meta name="PT" content="Blogs" />
<meta name="CG" content="Opinion" />
<meta name="SCG" content="krugman" />
<meta name="BN" content="krugman" /><link rel="shortcut icon" href="/favicon.ico" type="image/x-icon" /><link rel="stylesheet" type="text/css" href="http://graphics8.nytimes.com/css/blogs/3.1/screen/themes/universal/style.css?v=09-07-2010" media="screen" />
<!--[if IE]>
<link rel="stylesheet" type="text/css" href="http://graphics8.nytimes.com/css/blogs/3.1/screen/themes/universal/ie.css" media="screen" />
<![endif]-->
<!--[if IE 6]>
<link rel="stylesheet" type="text/css" href="http://graphics8.nytimes.com/css/blogs/3.1/screen/themes/universal/ie6.css" media="screen" />
<![endif]-->
<script type="text/javascript" src="http://graphics8.nytimes.com/js/common.js"></script>
<script type="text/javascript" src="http://graphics8.nytimes.com/js/Tacoda_AMS_DDC_Header.js"></script>
<script type="text/javascript" src="http://graphics8.nytimes.com/js/common/screen/modifyNavigationDisplay.js"></script>
<script type="text/javascript" src="http://graphics8.nytimes.com/js/util/tooltip.js"></script>
<script type="text/javascript" src="http://graphics8.nytimes.com/js/article/articleShare.js"></script>
<script type="text/javascript" src="http://graphics8.nytimes.com/js/app/lib/NYTD/0.0.1/tabset.js"></script>
<script type="text/javascript" src="http://graphics8.nytimes.com/js/app/blogs/genericContentExpander/contentexpander.js"></script>
<script type="text/javascript" src="http://graphics8.nytimes.com/js/common/screen/DropDown.js"></script>
<script type="text/javascript" src="http://graphics8.nytimes.com/js/common/screen/altClickToSearch.js"></script>
<script type="text/javascript" src="http://graphics8.nytimes.com/js/blogs_v3/nyt_universal/js/common.js"></script>
<script type="text/javascript" src="http://graphics8.nytimes.com/js/blogs_v3/nyt_universal/js/blogShare.js"></script>
<script type="text/javascript" src="http://graphics8.nytimes.com/js/blogs_v3/nyt_universal/js/memberTools.js"></script>
<script type="text/javascript" src="http://graphics8.nytimes.com/js/blogs_v3/nyt_universal/tabsetoverlayrevealer.js"></script>
<!--[if lt IE 7]><script defer type="text/javascript" src="http://graphics8.nytimes.com/js/blogs_v3/nyt_universal/js/pngfix.js"></script><![endif]-->
<script src="http://www.nytimes.com/adx/bin/adx_remote.html?type=fastscript&page=blog.nytimes.com/krugman/rss2.xml&posall=Bar1,TopAd,Position1,Position1B,Top5,SponLink,SponLink2,SFMiddle,Box1,Box3,Bottom3,Right5A,Right6A,Right7A,Right8A,Middle1C,Bottom7,Bottom8,Bottom9,Inv1,Inv2,Inv3,tacoda,SOS,CcolumnSS,Middle4,Left1B,Frame6A,Left2,Left3,Left4,Left5,Left6,Left7,Left8,Left9,JMNow1,JMNow2,JMNow3,JMNow4,JMNow5,JMNow6,Feature1,Spon3,ADX_CLIENTSIDE&query=qstring&keywords=Economics;Politics;Paul+Krugman"></script>
<script type="text/javascript">
// <!--
NYTShareAdScript = 'http://www.nytimes.com/adx/bin/adx_remote.html?' + 'type=fastscript&page=' + 'blog.nytimes.com' + '/' + 'krugman' + '&pos=Frame6A&query=qstring&keywords=?';
// -->
</script>
<script type="text/javascript">
// <!--
// Email this
NYTD.Blogs.email_this = function(id, return_url) {
if ( typeof NYTD.Blogs.user != 'undefined' && NYTD.Blogs.user.isLoggedIn() ) {
s_code_linktrack('Article-Tool-Email');
document.getElementById('emailThis_'+id).submit();
} else {
document.location = "http://www.nytimes.com/auth/login?URI=" + return_url;
}
};
NYTD.Blogs.user = new NYTD.Blogs.User('','');
// -->
</script>
<script type="text/javascript" src="http://graphics8.nytimes.com/js/blogs_v3/nyt_universal/js/blogscrnr.js"></script><link rel='index' title='Paul Krugman' href='http://krugman.blogs.nytimes.com' />
<link rel="alternate" type="application/rss+xml" title="RSS 2.0" href="http://krugman.blogs.nytimes.com/feed/" />
</head>
<body class=blogError>
<a name="top"></a>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd">
<div id="shell">
<div id="login">
<ul id="memberTools"><script language="JavaScript">NYTD.Blogs.user.fillInMemberTools();</script></ul>
<ul class="tabs">
<li><a href="http://www.nytimes.com">Home Page</a></li>
<li><a href="http://www.nytimes.com/pages/todayspaper/index.html">Today's Paper</a></li>
<li><a href="http://www.nytimes.com/video">Video</a></li>
<li><a href="http://www.nytimes.com/mostpopular">Most Popular</a></li>
<li><a href="http://www.nytimes.com/timestopics">Times Topics</a></li>
</ul>
</div>
<div id="page">
<div id="masthead">
<div id="Middle1"><!-- Middle1C position -->
<script language="JavaScript">
<!--
if (typeof adxpos_Middle1C != "undefined")
document.write(adxads[adxpos_Middle1C]);
// -->
</script>
<noscript><a href="http://www.nytimes.com/adx/bin/adx_click.html?type=cookie&pos=Middle1C"><img src="http://www.nytimes.com/adx/bin/adx_remote.html?type=noscript&page=blog.nytimes.com/krugman/rss2.xml&posall=Bar1,TopAd,Position1,Position1B,Top5,SponLink,SponLink2,SFMiddle,Box1,Box3,Bottom3,Right5A,Right6A,Right7A,Right8A,Middle1C,Bottom7,Bottom8,Bottom9,Inv1,Inv2,Inv3,tacoda,SOS,CcolumnSS,Middle4,Left1B,Frame6A,Left2,Left3,Left4,Left5,Left6,Left7,Left8,Left9,JMNow1,JMNow2,JMNow3,JMNow4,JMNow5,JMNow6,Feature1,Spon3,ADX_CLIENTSIDE&pos=Middle1C&query=qstring&keywords=?"></a></noscript></div>
<form id="searchForm" name="searchForm" method="GET" action="http://query.nytimes.com/gst/sitesearch_selector.html" enctype="application/x-www-form-urlencoded">
<input type="hidden" name="date_select" value="full"><div id="nytSearchWidget">
<label for="searchQuery">Search All NYTimes.com</label><input id="searchQuery" type="text" name="query"><input id="searchSubmit" title="Search" alt="Search" type="image" src="http://graphics8.nytimes.com/images/global/buttons/go.gif"><input type="hidden" value="nyt" name="type" id="searchAll">
</div>
</form>
<a href="http://www.nytimes.com"><img id="NYTLogo" alt="New York Times" title="New York Times" src="http://graphics8.nytimes.com/images/misc/nytlogo153x23.gif"></a><div id="date"><script language="JavaScript" type="text/javascript" src="http://graphics8.nytimes.com/js/print_todays_date.js"></script></div>
<h1><a href="http://www.nytimes.com/pages/opinion/index.html">Opinion</a></h1>
</div>
<div id="navigation" class=""><ul class="tabs">
<li id="navWorld"><a href="http://www.nytimes.com/pages/world/index.html">World</a></li>
<li id="navUS"><a href="http://www.nytimes.com/pages/national/index.html">U.S.</a></li>
<li id="navNYRegion"><a href="http://www.nytimes.com/pages/nyregion/index.html">N.Y. / Region</a></li>
<li id="navBusiness"><a href="http://www.nytimes.com/pages/business/index.html">Business</a></li>
<li id="navTechnology"><a href="http://www.nytimes.com/pages/technology/index.html">Technology</a></li>
<li id="navScience"><a href="http://www.nytimes.com/pages/science/index.html">Science</a></li>
<li id="navHealth"><a href="http://www.nytimes.com/pages/health/index.html">Health</a></li>
<li id="navSports"><a href="http://www.nytimes.com/pages/sports/index.html">Sports</a></li>
<li class="selected" id="navOpinion">
<a href="http://www.nytimes.com/pages/opinion/index.html">Opinion</a><ul>
<li><a href="http://topics.nytimes.com/top/opinion/editorialsandoped/editorials/index.html">Editorials</a></li>
<li><a href="http://topics.nytimes.com/top/opinion/editorialsandoped/oped/columnists/index.html">Columnists</a></li>
<li><a href="http://topics.nytimes.com/top/opinion/editorialsandoped/oped/contributors/index.html">Contributors</a></li>
<li><a href="http://topics.nytimes.com/top/opinion/editorialsandoped/letters/index.html">Letters</a></li>
<li><a href="http://topics.nytimes.com/top/opinion/thepubliceditor/index.html">The Public Editor</a></li>
<li><a href="http://www.nytimes.com/pages/opinion/global/index.html">Global Opinion</a></li>
</ul>
</li>
<li id="navArts"><a href="http://www.nytimes.com/pages/arts/index.html">Arts</a></li>
<li id="navStyle"><a href="http://www.nytimes.com/pages/style/index.html">Style</a></li>
<li id="navTravel"><a href="http://travel.nytimes.com">Travel</a></li>
<li id="navJobs"><a href="http://jobmarket.nytimes.com/pages/jobs/index.html">Jobs</a></li>
<li id="navRealestate"><a href="http://www.nytimes.com/pages/realestate/index.html">Real Estate</a></li>
<li id="navAutos"><a href="http://www.nytimes.com/pages/automobiles/index.html">Autos</a></li>
</ul></div>
<script type="text/javascript">modifyNavigationDisplay();</script>
<hr />
<!-- Here is the start of everything good -->
<div id="krugman" class="blog wrap">
<div id="aCol">
<div id="header" ><a href="http://krugman.blogs.nytimes.com/" title="Go to Paul Krugman Home"><img src="http://graphics8.nytimes.com/images/blogs_v3/krugman/krugman_post.png" alt="Paul Krugman - New York Times Blog"/></a></div><!-- END #blogHeader --><hr /><div id="content" class="hfeed">
<div class="entry hentry">
<h2 class="entry-title">Page Not Found</h2>
<div class="entry-content">
<p>We're sorry, the page you've requested does not exist at this address. Please note: </p>
<ul>
<li>You may have clicked on a faulty link on one of our pages.</li>
<li>You may have typed the page address incorrectly.</li>
</ul>
<h3>What Now?</h3>
<p>You can use the search box below to look for a particular blog post, or you can simply return to this blog's
<a href="http://krugman.blogs.nytimes.com/" title="Go to Paul Krugman Home"> home page</a>.</p>
<!-- Blog Search -->
<form method="get" id="searchform" action="http://krugman.blogs.nytimes.com/">
<div>
<input type="text" value="" name="s" id="s" />
<button type="submit" id="blogSearchSubmit">Search</button>
</div>
</form></div>
</div></div>
</div>  <!-- end aCol -->
<div id="cCol">
<!-- Search -->
<div id="blog-search" class="clearfix">
<!-- search ad -->
<div id="side_searchAd">
<!-- Position1 position -->
<script language="JavaScript">
<!--
if (typeof adxpos_Position1 != "undefined")
document.write(adxads[adxpos_Position1]);
// -->
</script>
<noscript><a href="http://www.nytimes.com/adx/bin/adx_click.html?type=cookie&pos=Position1"><img src="http://www.nytimes.com/adx/bin/adx_remote.html?type=noscript&page=blog.nytimes.com/krugman/rss2.xml&posall=Bar1,TopAd,Position1,Position1B,Top5,SponLink,SponLink2,SFMiddle,Box1,Box3,Bottom3,Right5A,Right6A,Right7A,Right8A,Middle1C,Bottom7,Bottom8,Bottom9,Inv1,Inv2,Inv3,tacoda,SOS,CcolumnSS,Middle4,Left1B,Frame6A,Left2,Left3,Left4,Left5,Left6,Left7,Left8,Left9,JMNow1,JMNow2,JMNow3,JMNow4,JMNow5,JMNow6,Feature1,Spon3,ADX_CLIENTSIDE&pos=Position1&query=qstring&keywords=?"></a></noscript></div>
<!-- /search ad -->
<h4>Search This Blog</h4>
<!-- Blog Search -->
<form method="get" id="searchform" action="http://krugman.blogs.nytimes.com/">
<div>
<input type="text" value="" name="s" id="s" />
<button type="submit" id="blogSearchSubmit">Search</button>
</div>
</form></div>
<!-- Blog Index -->
<div id="blog-index">
<a href="http://www.nytimes.com/ref/topnews/blog-index.html" title="Blogs - The New York Times">All NYTimes.com Blogs »</a>
</div><div class="box module"><h4>About Paul Krugman</h4><div class="entry">
<p class="summary">Paul Krugman is an Op-Ed columnist for The New York Times.</p>

<ul class="refer">

<li><a href="http://www.nytimes.com/ref/opinion/KRUGMAN-BIO.html">Biography »</a></li>
<li><a href="http://topics.nytimes.com/top/opinion/editorialsandoped/oped/columnists/paulkrugman/index.html">Columns »</a></li>
<h6 class="kicker">Books</h6>
<li><a href="http://www.worthpublishers.com/newcatalog.aspx?search=krugman&#038;isbn=0716771586">Principles of Economics, 2nd ed.</a> (2009)</li>
<li><a href="http://www.krugmanonline.com/books/the-return-of-depression-economics-and-the-crisis-of-2008.php" target="new" alt="The Return of Depression Economics and the Crisis of 2008">The Return of Depression Economics and the Crisis of 2008</a> (Dec. 2008)</li>
<li><a href="http://www.krugmanonline.com/books/the-conscience-of-a-liberal.php" target="new" alt="KrugmanOnline.com">The Conscience of a Liberal</a> (Oct. 2007)</li></ul>
</div></div>	<div class='box module ad'>
	<div class='bigAdContainer'>
		<!-- SFMiddle position -->
<script language="JavaScript">
<!--
if (typeof adxpos_SFMiddle != "undefined")
document.write(adxads[adxpos_SFMiddle]);
// -->
</script>
<noscript><a href="http://www.nytimes.com/adx/bin/adx_click.html?type=cookie&pos=SFMiddle"><img src="http://www.nytimes.com/adx/bin/adx_remote.html?type=noscript&page=blog.nytimes.com/krugman/rss2.xml&posall=Bar1,TopAd,Position1,Position1B,Top5,SponLink,SponLink2,SFMiddle,Box1,Box3,Bottom3,Right5A,Right6A,Right7A,Right8A,Middle1C,Bottom7,Bottom8,Bottom9,Inv1,Inv2,Inv3,tacoda,SOS,CcolumnSS,Middle4,Left1B,Frame6A,Left2,Left3,Left4,Left5,Left6,Left7,Left8,Left9,JMNow1,JMNow2,JMNow3,JMNow4,JMNow5,JMNow6,Feature1,Spon3,ADX_CLIENTSIDE&pos=SFMiddle&query=qstring&keywords=?"></a></noscript>	</div>
	</div>
		<!-- Blog Archive -->
	<div id="archive" class="box module">
	<div class="entry">
	<h4>Archive</h4>
	  <select name="archive_chrono" onchange="window.location.href=this.value; this.selectedIndex=this.options[0]">
	    <option class="archiveform_option" value="">Select Month</option>
	    	<option value='http://krugman.blogs.nytimes.com/2010/09/'> September 2010 </option>
	<option value='http://krugman.blogs.nytimes.com/2010/08/'> August 2010 </option>
	<option value='http://krugman.blogs.nytimes.com/2010/07/'> July 2010 </option>
	<option value='http://krugman.blogs.nytimes.com/2010/06/'> June 2010 </option>
	<option value='http://krugman.blogs.nytimes.com/2010/05/'> May 2010 </option>
	<option value='http://krugman.blogs.nytimes.com/2010/04/'> April 2010 </option>
	<option value='http://krugman.blogs.nytimes.com/2010/03/'> March 2010 </option>
	<option value='http://krugman.blogs.nytimes.com/2010/02/'> February 2010 </option>
	<option value='http://krugman.blogs.nytimes.com/2010/01/'> January 2010 </option>
	<option value='http://krugman.blogs.nytimes.com/2009/12/'> December 2009 </option>
	<option value='http://krugman.blogs.nytimes.com/2009/11/'> November 2009 </option>
	<option value='http://krugman.blogs.nytimes.com/2009/10/'> October 2009 </option>
	<option value='http://krugman.blogs.nytimes.com/2009/09/'> September 2009 </option>
	<option value='http://krugman.blogs.nytimes.com/2009/08/'> August 2009 </option>
	<option value='http://krugman.blogs.nytimes.com/2009/07/'> July 2009 </option>
	<option value='http://krugman.blogs.nytimes.com/2009/06/'> June 2009 </option>
	<option value='http://krugman.blogs.nytimes.com/2009/05/'> May 2009 </option>
	<option value='http://krugman.blogs.nytimes.com/2009/04/'> April 2009 </option>
	<option value='http://krugman.blogs.nytimes.com/2009/03/'> March 2009 </option>
	<option value='http://krugman.blogs.nytimes.com/2009/02/'> February 2009 </option>
	<option value='http://krugman.blogs.nytimes.com/2009/01/'> January 2009 </option>
	<option value='http://krugman.blogs.nytimes.com/2008/12/'> December 2008 </option>
	<option value='http://krugman.blogs.nytimes.com/2008/11/'> November 2008 </option>
	<option value='http://krugman.blogs.nytimes.com/2008/10/'> October 2008 </option>
	<option value='http://krugman.blogs.nytimes.com/2008/09/'> September 2008 </option>
	<option value='http://krugman.blogs.nytimes.com/2008/08/'> August 2008 </option>
	<option value='http://krugman.blogs.nytimes.com/2008/07/'> July 2008 </option>
	<option value='http://krugman.blogs.nytimes.com/2008/06/'> June 2008 </option>
	<option value='http://krugman.blogs.nytimes.com/2008/05/'> May 2008 </option>
	<option value='http://krugman.blogs.nytimes.com/2008/04/'> April 2008 </option>
	<option value='http://krugman.blogs.nytimes.com/2008/03/'> March 2008 </option>
	<option value='http://krugman.blogs.nytimes.com/2008/02/'> February 2008 </option>
	<option value='http://krugman.blogs.nytimes.com/2008/01/'> January 2008 </option>
	<option value='http://krugman.blogs.nytimes.com/2007/12/'> December 2007 </option>
	<option value='http://krugman.blogs.nytimes.com/2007/11/'> November 2007 </option>
	<option value='http://krugman.blogs.nytimes.com/2007/10/'> October 2007 </option>
	<option value='http://krugman.blogs.nytimes.com/2007/09/'> September 2007 </option>
	<option value='http://krugman.blogs.nytimes.com/2007/08/'> August 2007 </option>
	<option value='http://krugman.blogs.nytimes.com/2007/07/'> July 2007 </option>
	<option value='http://krugman.blogs.nytimes.com/2007/06/'> June 2007 </option>
	<option value='http://krugman.blogs.nytimes.com/2007/05/'> May 2007 </option>
	<option value='http://krugman.blogs.nytimes.com/2007/04/'> April 2007 </option>
	<option value='http://krugman.blogs.nytimes.com/2007/03/'> March 2007 </option>
	<option value='http://krugman.blogs.nytimes.com/2007/02/'> February 2007 </option>
	<option value='http://krugman.blogs.nytimes.com/2007/01/'> January 2007 </option>
	<option value='http://krugman.blogs.nytimes.com/2006/12/'> December 2006 </option>
	<option value='http://krugman.blogs.nytimes.com/2006/11/'> November 2006 </option>
	<option value='http://krugman.blogs.nytimes.com/2006/10/'> October 2006 </option>
	<option value='http://krugman.blogs.nytimes.com/2006/09/'> September 2006 </option>
	<option value='http://krugman.blogs.nytimes.com/2006/08/'> August 2006 </option>
	<option value='http://krugman.blogs.nytimes.com/2006/07/'> July 2006 </option>
	<option value='http://krugman.blogs.nytimes.com/2006/06/'> June 2006 </option>
	<option value='http://krugman.blogs.nytimes.com/2006/05/'> May 2006 </option>
	<option value='http://krugman.blogs.nytimes.com/2006/04/'> April 2006 </option>
	<option value='http://krugman.blogs.nytimes.com/2006/03/'> March 2006 </option>
	<option value='http://krugman.blogs.nytimes.com/2006/02/'> February 2006 </option>
	<option value='http://krugman.blogs.nytimes.com/2006/01/'> January 2006 </option>
	<option value='http://krugman.blogs.nytimes.com/2005/12/'> December 2005 </option>
	<option value='http://krugman.blogs.nytimes.com/2005/11/'> November 2005 </option>
	<option value='http://krugman.blogs.nytimes.com/2005/10/'> October 2005 </option>
	<option value='http://krugman.blogs.nytimes.com/2005/09/'> September 2005 </option>
	  </select>
	</div></div>
	<div class="box module"><h4>Recent Columns</h4>			<div class="entry">
			<h5><a href="http://www.nytimes.com/2010/09/06/opinion/06krugman.html?partner=rssnyt&emc=rss" title="1938 in 2010">1938 in 2010</a></h5>						<h6 class="kicker">By PAUL KRUGMAN</h6>
			<p class="summary">The inadequacy of the Obama administration’s initial economic stimulus has landed it — and the nation — in a political trap.</p>
			</div>
					<div class="entry">
			<h5><a href="http://www.nytimes.com/2010/09/03/opinion/03krugman.html?partner=rssnyt&emc=rss" title="The Real Story">The Real Story</a></h5>						<h6 class="kicker">By PAUL KRUGMAN</h6>
			<p class="summary">Here’s hoping that President Obama goes big next week with new proposals for boosting the economy.</p>
			</div>
					<div class="entry">
			<h5><a href="http://www.nytimes.com/2010/08/30/opinion/30krugman.html?partner=rssnyt&emc=rss" title="It’s Witch-Hunt Season">It’s Witch-Hunt Season</a></h5>						<h6 class="kicker">By PAUL KRUGMAN</h6>
			<p class="summary">In a repeat from the 1990s, the Republicans appear bent on ugliness and paralysis.</p>
			</div>
					<div class="entry">
			<h5><a href="http://www.nytimes.com/2010/08/27/opinion/27krugman.html?partner=rssnyt&emc=rss" title="This Is Not a Recovery">This Is Not a Recovery</a></h5>						<h6 class="kicker">By PAUL KRUGMAN</h6>
			<p class="summary">This isn’t a recovery, in any sense that matters. And policy makers should be doing everything they can to change that fact.</p>
			</div>
					<div class="entry">
			<h5><a href="http://www.nytimes.com/2010/08/23/opinion/23krugman.html?partner=rssnyt&emc=rss" title="Bush Tax Cuts: Now That’s Rich">Bush Tax Cuts: Now That’s Rich</a></h5>						<h6 class="kicker">By PAUL KRUGMAN</h6>
			<p class="summary">Republicans and conservative Democrats are eager to give hundreds of billions of dollars to the 120,000 richest people in America.</p>
			</div>
		</div>	<!-- Recent Posts -->
	<div id="recent-posts" class="box module">
	<h4>Recent Posts</h4>    	<div class='entry'>
    	<p class='date'>September 08<br />
    	<a class="post-comment" href="http://community.nytimes.com/comments/krugman.blogs.nytimes.com/2010/09/08/for-douglas-holtz-eakin/"></a><script type="text/javascript">
// <![CDATA[
NYTD.blogsCRNRObj.setPostData('', 'http://krugman.blogs.nytimes.com/2010/09/08/for-douglas-holtz-eakin/', 'For Douglas Holtz-Eakin', 'http://community.nytimes.com/comments/krugman.blogs.nytimes.com/2010/09/08/for-douglas-holtz-eakin/', 'http://krugman.blogs.nytimes.com/2010/09/08/for-douglas-holtz-eakin/');
// ]]>
</script>    	</p>
    	<h5><a href='http://krugman.blogs.nytimes.com/2010/09/08/for-douglas-holtz-eakin/' title='Read: For Douglas Holtz-Eakin'>For Douglas Holtz-Eakin</a></h5>
    	<p class='summary'>
    	When your day is done ...</p>
    	</div>
	        	<div class='entry'>
    	<p class='date'>September 08<br />
    	<a class="post-comment" href="http://community.nytimes.com/comments/krugman.blogs.nytimes.com/2010/09/08/your-daily-cheering-up/"></a><script type="text/javascript">
// <![CDATA[
NYTD.blogsCRNRObj.setPostData('', 'http://krugman.blogs.nytimes.com/2010/09/08/your-daily-cheering-up/', 'Your Daily Cheering Up', 'http://community.nytimes.com/comments/krugman.blogs.nytimes.com/2010/09/08/your-daily-cheering-up/', 'http://krugman.blogs.nytimes.com/2010/09/08/your-daily-cheering-up/');
// ]]>
</script>    	</p>
    	<h5><a href='http://krugman.blogs.nytimes.com/2010/09/08/your-daily-cheering-up/' title='Read: Your Daily Cheering Up'>Your Daily Cheering Up</a></h5>
    	<p class='summary'>
    	Dancing around the issues.</p>
    	</div>
	        	<div class='entry'>
    	<p class='date'>September 07<br />
    	<a class="post-comment" href="http://community.nytimes.com/comments/krugman.blogs.nytimes.com/2010/09/07/listening-to-the-bond-market-or-not/"></a><script type="text/javascript">
// <![CDATA[
NYTD.blogsCRNRObj.setPostData('', 'http://krugman.blogs.nytimes.com/2010/09/07/listening-to-the-bond-market-or-not/', 'Listening To The Bond Market -- Or Not', 'http://community.nytimes.com/comments/krugman.blogs.nytimes.com/2010/09/07/listening-to-the-bond-market-or-not/', 'http://krugman.blogs.nytimes.com/2010/09/07/listening-to-the-bond-market-or-not/');
// ]]>
</script>    	</p>
    	<h5><a href='http://krugman.blogs.nytimes.com/2010/09/07/listening-to-the-bond-market-or-not/' title='Read: Listening To The Bond Market &#8212; Or Not'>Listening To The Bond Market &#8212; Or Not</a></h5>
    	<p class='summary'>
    	The curious case of inflation expectations.</p>
    	</div>
	        	<div class='entry'>
    	<p class='date'>September 07<br />
    	<a class="post-comment" href="http://community.nytimes.com/comments/krugman.blogs.nytimes.com/2010/09/07/600-billion/"></a><script type="text/javascript">
// <![CDATA[
NYTD.blogsCRNRObj.setPostData('', 'http://krugman.blogs.nytimes.com/2010/09/07/600-billion/', '$600 Billion', 'http://community.nytimes.com/comments/krugman.blogs.nytimes.com/2010/09/07/600-billion/', 'http://krugman.blogs.nytimes.com/2010/09/07/600-billion/');
// ]]>
</script>    	</p>
    	<h5><a href='http://krugman.blogs.nytimes.com/2010/09/07/600-billion/' title='Read: $600 Billion'>$600 Billion</a></h5>
    	<p class='summary'>
    	It was a per-year figure.</p>
    	</div>
	        	<div class='entry'>
    	<p class='date'>September 07<br />
    	<a class="post-comment" href="http://community.nytimes.com/comments/krugman.blogs.nytimes.com/2010/09/07/infrastructure/"></a><script type="text/javascript">
// <![CDATA[
NYTD.blogsCRNRObj.setPostData('', 'http://krugman.blogs.nytimes.com/2010/09/07/infrastructure/', 'Infrastructure', 'http://community.nytimes.com/comments/krugman.blogs.nytimes.com/2010/09/07/infrastructure/', 'http://krugman.blogs.nytimes.com/2010/09/07/infrastructure/');
// ]]>
</script>    	</p>
    	<h5><a href='http://krugman.blogs.nytimes.com/2010/09/07/infrastructure/' title='Read: Infrastructure'>Infrastructure</a></h5>
    	<p class='summary'>
    	Yes, we need more.</p>
    	</div>
	    </div><!-- end Recent Posts side tool -->
	
	<div class="box module">
	<!-- From the opinion blogs -->
	<h4>From the Opinion Blogs</h4>				<div class="entry">
				<h6 class="kicker">
				<a href="http://opinionator.blogs.nytimes.com">Opinionator</a>
				</h6>
				<h5>
				<a href="http://opinionator.blogs.nytimes.com/2010/09/08/war-and-the-city-be-a-man/" title="War and the City: Be a Man">War and the City: Be a Man</a>
				</h5>
				<p class="summary">The third of a five-part memoir chronicling an Iraq war veteran's passage from youth to soldier to civilian writer.</p>
				</div>
								<div class="entry">
				<h6 class="kicker">
				<a href="http://freakonomics.blogs.nytimes.com">Freakonomics</a>
				</h6>
				<h5>
				<a href="http://freakonomics.blogs.nytimes.com/2010/09/08/horse-manure-the-gift-that-keeps-on-giving/" title="Horse Manure: The Gift That Keeps on Giving">Horse Manure: The Gift That Keeps on Giving</a>
				</h5>
				<p class="summary">A story told on pp. 8-11 of SuperFreakonomics - about the plague of horse manure, the introduction of the automobile (an "environmental savior"), and the resulting carbon emissions -- has been turned into (of all things) a Mercedes-Benz commercial.</p>
				</div>
					</div>
		<div class='box module ad'>
	<!-- Box3 position -->
<script language="JavaScript">
<!--
if (typeof adxpos_Box3 != "undefined")
document.write(adxads[adxpos_Box3]);
// -->
</script>
<noscript><a href="http://www.nytimes.com/adx/bin/adx_click.html?type=cookie&pos=Box3"><img src="http://www.nytimes.com/adx/bin/adx_remote.html?type=noscript&page=blog.nytimes.com/krugman/rss2.xml&posall=Bar1,TopAd,Position1,Position1B,Top5,SponLink,SponLink2,SFMiddle,Box1,Box3,Bottom3,Right5A,Right6A,Right7A,Right8A,Middle1C,Bottom7,Bottom8,Bottom9,Inv1,Inv2,Inv3,tacoda,SOS,CcolumnSS,Middle4,Left1B,Frame6A,Left2,Left3,Left4,Left5,Left6,Left7,Left8,Left9,JMNow1,JMNow2,JMNow3,JMNow4,JMNow5,JMNow6,Feature1,Spon3,ADX_CLIENTSIDE&pos=Box3&query=qstring&keywords=?"></a></noscript>	</div>
		<div class='box module ad'>
	<!-- Box1 position -->
<script language="JavaScript">
<!--
if (typeof adxpos_Box1 != "undefined")
document.write(adxads[adxpos_Box1]);
// -->
</script>
<noscript><a href="http://www.nytimes.com/adx/bin/adx_click.html?type=cookie&pos=Box1"><img src="http://www.nytimes.com/adx/bin/adx_remote.html?type=noscript&page=blog.nytimes.com/krugman/rss2.xml&posall=Bar1,TopAd,Position1,Position1B,Top5,SponLink,SponLink2,SFMiddle,Box1,Box3,Bottom3,Right5A,Right6A,Right7A,Right8A,Middle1C,Bottom7,Bottom8,Bottom9,Inv1,Inv2,Inv3,tacoda,SOS,CcolumnSS,Middle4,Left1B,Frame6A,Left2,Left3,Left4,Left5,Left6,Left7,Left8,Left9,JMNow1,JMNow2,JMNow3,JMNow4,JMNow5,JMNow6,Feature1,Spon3,ADX_CLIENTSIDE&pos=Box1&query=qstring&keywords=?"></a></noscript>	</div>
	<div class="box module"><h4>Feeds</h4><div class="entry">
  <ul class="rssCcolumn flushBottom">
    
<li><a href="http://krugman.blogs.nytimes.com/feed/" title="Subscribe to On the Runway RSS Feed"><strong>Paul Krugman Blog RSS</strong></a></li>

  </ul>
</div>

<div class="entry">
  <ul class="flush meta flushBottom">
    <li><img src="http://graphics8.nytimes.com/images/2009/08/25/dining/favicon.ico" class="left" style="margin: -2px 5px 0pt 0pt;" alt="Subscribe to Paul Krugman's Reading List"><a href="http://www.google.com/reader/view/user%2F11801782071179513560%2Fbundle%2FPaul%20Krugman?source=powerreaders"><strong>Subscribe to Paul Krugman&#8217;s Reading List</strong></a></li>

  </ul>
</div>
</div></div><!-- end cCol --></div><!-- end blog wrap --><!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd">
<div class="hideContent"></div><div id="footer">
<div class="footerRow">
<a href="http://www.nytimes.com">Home</a><ul>
<li><a href="http://www.nytimes.com/pages/world/index.html">World</a></li>
<li><a href="http://www.nytimes.com/pages/national/index.html">U.S.</a></li>
<li><a href="http://www.nytimes.com/pages/nyregion/index.html">N.Y. / Region</a></li>
<li><a href="http://www.nytimes.com/pages/business/index.html">Business</a></li>
<li><a href="http://www.nytimes.com/pages/technology/index.html">Technology</a></li>
<li><a href="http://www.nytimes.com/pages/science/index.html">Science</a></li>
<li><a href="http://www.nytimes.com/pages/health/index.html">Health</a></li>
<li><a href="http://www.nytimes.com/pages/sports/index.html">Sports</a></li>
<li><a href="http://www.nytimes.com/pages/opinion/index.html">Opinion</a></li>
<li><a href="http://www.nytimes.com/pages/arts/index.html">Arts</a></li>
<li><a href="http://www.nytimes.com/pages/style/index.html">Style</a></li>
<li><a href="http://travel.nytimes.com">Travel</a></li>
<li><a href="http://jobmarket.nytimes.com/pages/jobs/index.html">Jobs</a></li>
<li><a href="http://www.nytimes.com/pages/realestate/index.html">Real Estate</a></li>
<li><a href="http://www.nytimes.com/pages/automobiles/index.html">Autos</a></li>
<li><a href="#top">Back to Top</a></li>
</ul>
</div>
<a href="http://www.nytimes.com/ref/membercenter/help/copyright.html">Copyright  2010</a> <a href="http://www.nytco.com/">The New York Times Company</a><ul>
<li><a href="http://www.nytimes.com/privacy">Privacy</a></li>
<li><a href="http://www.nytimes.com/ref/membercenter/help/agree.html">Terms of Service</a></li>
<li><a href="http://www.nytimes.com/search">Search</a></li>
<li><a href="http://www.nytimes.com/corrections.html">Corrections</a></li>
<li><a href="http://www.nytimes.com/rss" class="rssButton">RSS</a></li>
<li><a href="http://firstlook.nytimes.com">First Look</a></li>
<li><a href="http://www.nytimes.com/membercenter/sitehelp.html">Help</a></li>
<li><a href="http://www.nytimes.com/ref/membercenter/help/infoservdirectory.html">Contact Us</a></li>
<li><a href="http://www.nytco.com/career.html">Work for Us</a></li>
<li><a href="http://www.nytimes.whsites.net/mediakit/">Advertise</a></li>
<li><a href="http://spiderbites.nytimes.com/">Site Map</a></li>
</ul>
</div>
</div> <!-- end page --><!-- end footer -->
<script language="javascript" type="text/javascript">
if (typeof NYTD.Blogs.user != 'undefined') {
	if(NYTD.Blogs.user.isLoggedIn()) {
		var dcsvid=NYTD.Blogs.user.getId();
    	var regstatus="registered";
	}
	else {
		var dcsvid="";
		var regstatus="non-registered";
	}
}
</script>
<script src="http://graphics8.nytimes.com/js/app/analytics/trackingTags_v1.1.js" type="text/javascript"></script>
<noscript>
<div><img alt="DCSIMG" id="DCSIMG" width="1" height="1" src="http://wt.o.nytimes.com/dcsym57yw10000s1s8g0boozt_9t1x/njs.gif?dcsuri=/nojavascript&amp;WT.js=No&amp;WT.tv=1.0.7"/></div>
</noscript>
<!-- Google Analytics start -->
<script type="text/javascript">
var gaJsHost = (("https:" == document.location.protocol) ? "https://ssl." : "http://www.");
document.write(unescape("%3Cscript src='" + gaJsHost + "google-analytics.com/ga.js' type='text/javascript'%3E%3C/script%3E"));
</script>
<script type="text/javascript">
var pageTracker = _gat._getTracker("UA-4406282-48");
pageTracker._initData();
pageTracker._trackPageview();
</script>
<!-- Google Analytics end -->
<!-- Start UPT call -->
<script type="text/javascript">
if((document.referrer).indexOf(document.location.hostname) == -1) {
	var referrer = document.referrer;
}
else {
	var referrer = '';
}
document.write('<img class="uptCall" height="1" width="3" border="0" src="http://up.nytimes.com/?d=0//&t=15&s=1&ui=&r=' + referrer + '&u=' + document.location + '">');
</script>
<!-- End UPT call -->
<!-- Inv1 position -->
<script language="JavaScript">
<!--
if (typeof adxpos_Inv1 != "undefined")
document.write(adxads[adxpos_Inv1]);
// -->
</script>
<noscript><a href="http://www.nytimes.com/adx/bin/adx_click.html?type=cookie&pos=Inv1"><img src="http://www.nytimes.com/adx/bin/adx_remote.html?type=noscript&page=blog.nytimes.com/krugman/rss2.xml&posall=Bar1,TopAd,Position1,Position1B,Top5,SponLink,SponLink2,SFMiddle,Box1,Box3,Bottom3,Right5A,Right6A,Right7A,Right8A,Middle1C,Bottom7,Bottom8,Bottom9,Inv1,Inv2,Inv3,tacoda,SOS,CcolumnSS,Middle4,Left1B,Frame6A,Left2,Left3,Left4,Left5,Left6,Left7,Left8,Left9,JMNow1,JMNow2,JMNow3,JMNow4,JMNow5,JMNow6,Feature1,Spon3,ADX_CLIENTSIDE&pos=Inv1&query=qstring&keywords=?"></a></noscript><!-- Inv2 position -->
<script language="JavaScript">
<!--
if (typeof adxpos_Inv2 != "undefined")
document.write(adxads[adxpos_Inv2]);
// -->
</script>
<noscript><a href="http://www.nytimes.com/adx/bin/adx_click.html?type=cookie&pos=Inv2"><img src="http://www.nytimes.com/adx/bin/adx_remote.html?type=noscript&page=blog.nytimes.com/krugman/rss2.xml&posall=Bar1,TopAd,Position1,Position1B,Top5,SponLink,SponLink2,SFMiddle,Box1,Box3,Bottom3,Right5A,Right6A,Right7A,Right8A,Middle1C,Bottom7,Bottom8,Bottom9,Inv1,Inv2,Inv3,tacoda,SOS,CcolumnSS,Middle4,Left1B,Frame6A,Left2,Left3,Left4,Left5,Left6,Left7,Left8,Left9,JMNow1,JMNow2,JMNow3,JMNow4,JMNow5,JMNow6,Feature1,Spon3,ADX_CLIENTSIDE&pos=Inv2&query=qstring&keywords=?"></a></noscript><!-- Inv3 position -->
<script language="JavaScript">
<!--
if (typeof adxpos_Inv3 != "undefined")
document.write(adxads[adxpos_Inv3]);
// -->
</script>
<noscript><a href="http://www.nytimes.com/adx/bin/adx_click.html?type=cookie&pos=Inv3"><img src="http://www.nytimes.com/adx/bin/adx_remote.html?type=noscript&page=blog.nytimes.com/krugman/rss2.xml&posall=Bar1,TopAd,Position1,Position1B,Top5,SponLink,SponLink2,SFMiddle,Box1,Box3,Bottom3,Right5A,Right6A,Right7A,Right8A,Middle1C,Bottom7,Bottom8,Bottom9,Inv1,Inv2,Inv3,tacoda,SOS,CcolumnSS,Middle4,Left1B,Frame6A,Left2,Left3,Left4,Left5,Left6,Left7,Left8,Left9,JMNow1,JMNow2,JMNow3,JMNow4,JMNow5,JMNow6,Feature1,Spon3,ADX_CLIENTSIDE&pos=Inv3&query=qstring&keywords=?"></a></noscript><!-- Bottom7 position -->
<script language="JavaScript">
<!--
if (typeof adxpos_Bottom7 != "undefined")
document.write(adxads[adxpos_Bottom7]);
// -->
</script>
<noscript><a href="http://www.nytimes.com/adx/bin/adx_click.html?type=cookie&pos=Bottom7"><img src="http://www.nytimes.com/adx/bin/adx_remote.html?type=noscript&page=blog.nytimes.com/krugman/rss2.xml&posall=Bar1,TopAd,Position1,Position1B,Top5,SponLink,SponLink2,SFMiddle,Box1,Box3,Bottom3,Right5A,Right6A,Right7A,Right8A,Middle1C,Bottom7,Bottom8,Bottom9,Inv1,Inv2,Inv3,tacoda,SOS,CcolumnSS,Middle4,Left1B,Frame6A,Left2,Left3,Left4,Left5,Left6,Left7,Left8,Left9,JMNow1,JMNow2,JMNow3,JMNow4,JMNow5,JMNow6,Feature1,Spon3,ADX_CLIENTSIDE&pos=Bottom7&query=qstring&keywords=?"></a></noscript><!-- Bottom8 position -->
<script language="JavaScript">
<!--
if (typeof adxpos_Bottom8 != "undefined")
document.write(adxads[adxpos_Bottom8]);
// -->
</script>
<noscript><a href="http://www.nytimes.com/adx/bin/adx_click.html?type=cookie&pos=Bottom8"><img src="http://www.nytimes.com/adx/bin/adx_remote.html?type=noscript&page=blog.nytimes.com/krugman/rss2.xml&posall=Bar1,TopAd,Position1,Position1B,Top5,SponLink,SponLink2,SFMiddle,Box1,Box3,Bottom3,Right5A,Right6A,Right7A,Right8A,Middle1C,Bottom7,Bottom8,Bottom9,Inv1,Inv2,Inv3,tacoda,SOS,CcolumnSS,Middle4,Left1B,Frame6A,Left2,Left3,Left4,Left5,Left6,Left7,Left8,Left9,JMNow1,JMNow2,JMNow3,JMNow4,JMNow5,JMNow6,Feature1,Spon3,ADX_CLIENTSIDE&pos=Bottom8&query=qstring&keywords=?"></a></noscript><!-- Bottom9 position -->
<script language="JavaScript">
<!--
if (typeof adxpos_Bottom9 != "undefined")
document.write(adxads[adxpos_Bottom9]);
// -->
</script>
<noscript><a href="http://www.nytimes.com/adx/bin/adx_click.html?type=cookie&pos=Bottom9"><img src="http://www.nytimes.com/adx/bin/adx_remote.html?type=noscript&page=blog.nytimes.com/krugman/rss2.xml&posall=Bar1,TopAd,Position1,Position1B,Top5,SponLink,SponLink2,SFMiddle,Box1,Box3,Bottom3,Right5A,Right6A,Right7A,Right8A,Middle1C,Bottom7,Bottom8,Bottom9,Inv1,Inv2,Inv3,tacoda,SOS,CcolumnSS,Middle4,Left1B,Frame6A,Left2,Left3,Left4,Left5,Left6,Left7,Left8,Left9,JMNow1,JMNow2,JMNow3,JMNow4,JMNow5,JMNow6,Feature1,Spon3,ADX_CLIENTSIDE&pos=Bottom9&query=qstring&keywords=?"></a></noscript></body>
</html>



Wander Woman: How High-Achieving Women Find Contentment and Direction Excerpt from Wander Woman: How High-Achieving Women Find Contentment and Direction

by Marcia Reynolds



From Our Point of View: How to Engage and Retain High-Achieving Women

1. Provide Developmental Opportunities

One of our greatest passions is to resolve complex challenges, yet we need our managers to provide the resources for learning so we can be continually successful. We are top talent because we are committed to being the best. We come to you with experiences and degrees. To continue on our path to excellence, we need you to support the continuation of our development by offering ample tuition reimbursement and encouragement to further our learning. We want you to treat training and coaching programs not as perks but as a part of your overall business strategy. Frankly, to stay innovative and progressive, all employees should be trained in communication skills, managing change, dealing with their emotions, and building strong relationships with their peers within and across divisional borders. This is especially true in tough economic times when you need everyone to stay on top of their game. The last thing you want to do is cut funding for training and coaching when we are facing major difficulties. Give us more opportunities to learn and grow so we can help you take the company to the top faster than our competition. We would love for you to engage us in that challenge.

Also, provide us with mentors who are passionate about what they do so we are inspired to stay and learn more. We like to feel that we are in the company of smart and spirited people. We like to connect with leaders in other areas. We want breadth as well as depth of knowledge. If possible, create a platform where the most successful women in the company can network with and develop the younger female talent so the pipeline grows. Also, we are not always politically astute, so a good mentor can help us put our energies in the right places and see opportunities that we might miss that best use our talents.

2. Make Our Mission Meaningful

We want to be a part of something that feels bigger than ourselves. Even if our products are not that meaningful in the bigger scheme of life, we want to work for companies that care for their employees, respect the environment, and support their local communities. We will eventually disengage if we don't see how our work fits into a broader, more significant context. We struggle with committing to, a monetary goal or a drive solely focused on beating our competitors. We don't just work to make a living. We work to make life better. We will align our energies with your penchant for profit when we can see the evidence of our good work in the world, even if that means we are simply helping people to feel more safe and happy. We know in our hearts we can make a significant difference on this planet. If we are doing that in our jobs, we are likely to stick around and share with the world how excited we are about our work.

3. Continually Affirm Our Contribution and Value

Our sense of contribution and value to the organization is as important to us as our paycheck, but we can't always see the larger effect of our work. We need to know how well we did in relation to the people we touch, whether it's our peers or our customers. It's not enough for us to know we have great knowledge and ability. We need to know if we have made an impact and that others value our involvement.

This acknowledgment needs to be continual because our sense of contribution is fleeting. Once we finish a task, we are quickly on to the next. There's always another project to master and another crisis for us to resolve. You need to remind us of our impact because we tend to lose this sense while swimming in the sea of our assignments.

However, don't overload us because you can count on us for results. We love to give outstanding performances. We love that you trust us. Yet if you rely on us too much, we would rather look for another job than face failure. Make sure to regularly ask us how we are feeling about our work and if we need any resources to get our work done. We often struggle with asking for help. Even when we ask to figure out a problem on our own, we still appreciate that you check in to see if we need any additional support.

4. Design and Foster a Creative and Collaborative Environment

We love to work for leaders who create environments that provide an open flow of communication in all directions. Let us talk freely, whether it's around the real water cooler or the virtual water cooler using social media. Environments that support collaboration foster rapid innovations. We want easy access to tools and resources. We want our leaders to be visionaries and catalysts who transfer decision-making to us and allow us to choose how we want to work. Instead of managing people from a top-down position, leaders should see themselves as the "spokesperson" in the middle of the wheel with employees in motion around them. They should inspire more than enforce. Cooperative cultures represent the future of management. We want to help you make this significant change.

5. Delegate Clear Expectations and Then Let Go

If you give us what we need to do a great job on work that is meaningful to us and valuable to the organization, we won't disappoint you. Give us control over the processes and decisions related to our tasks as much as possible. We love figuring out the best solutions. We need to feel we have the power to implement what we plan. If you think we need a more strategic perspective, coach us to see other possibilities instead of telling us what to do. When you delegate a project to us, give us the authority to talk to all stakeholders to negotiate actions. We will report our progress to you on a schedule we agree to and respond to issues promptly. We learn fast from our mistakes.

Let us know early on when changes will affect our work and share with us the reasons for the change. These days, those kinds of changes happen daily. We need to know about a shift in direction as soon as you do. If something comes up and you have to make a decision that goes counter to what we had hoped for, tell us why you made the decision so we can develop our business acumen. We want to grow beyond our technical capability. Letting us see through your eyes gives us what we need to succeed in our future positions.

6. Recognize Outstanding Performance

We like working for companies that have a culture of recognition. You may think that we are just doing our jobs, but we need to be recognized for our hard work even when it becomes the norm. Your recognition can be as simple as a personal comment or written note praising something we specifically did and the impact it had. We also like public recognition. When you visibly recognize our continual peak performance you demonstrate to everyone that you value this behavior. And don't just recognize results; show appreciation for our creativity, inclusiveness, optimism, and determination even if the results did not turn out as expected. When you honor our efforts, you help us to feel proud. We need help when it comes to stopping and admiring our work. If you give us this gift, we will repeat the behavior you reward.

Also, please recognize us by knowing us. We are staunchly loyal to the people who show they care about us now and in the future. Know our talents, goals, and dreams. If you were called by HR today and asked what you thought were my strengths, frustrations, and aspirations, could you answer these questions? Know who we are today and what we want for tomorrow. If we aren't clear about what we want for our careers, help us envision our future. Then offer to support us as we move forward on this path.

7. Give Us Flexible Work Schedules

We need help in managing our energy more than our time. We will work obsessively to complete important projects. Yet we need to renew our energy so we don't burn out. Therefore, we want flexible schedules based on meeting goals instead of wasting time in traffic or on "who can stay the latest" contests. We recognize the need to be present for important meetings, but on days we can get more work done from home, trust us. We have become comfortable with technology and will use it to communicate. Because we always produce results, let us figure out how we will get the work done. If you want to know more about setting up work cultures that are flexible and successful as a result, look at what these companies are doing: Capitol One, Deloitte & Touche, Best Buy, Marriott, Patagonia, AES Corporation, Sun Microsystems, IBM, PepsiCo, and Wal-Mart. At the Brazilian company Semco, employees choose their own salaries, set their own hours, and have no job titles, yet the profits keep growing and there is practically no employee turnover. By the time you read this, more companies will have followed suit. We're hoping you want to stay ahead of the pack with these progressive companies.

If we have children to take care of, don't put us on a "mommy track" that doesn't have access to promotions and plum assignments. Let us decide what we can handle. If you allow us the flexibility to meet the goals on our own terms, we will in turn be honest with you about what is possible. If we decide we need to step back because our home-life challenges need our attention, welcome us back when we are ready and we will amaze you with the results we produce.

The above is an excerpt from the book Wander Woman: How High-Achieving Women Find Contentment and Direction by Marcia Reynolds. The above excerpt is a digitally scanned reproduction of text from print. Although this excerpt has been proofread, occasional errors may appear due to the scanning process. Please refer to the finished book for accuracy.

Copyright © 2010 Marcia Reynolds, author of Wander Woman: How High-Achieving Women Find Contentment and Direction