Economy & Energy

Economists Philippe Aghion and Paul Krugman debate Europe's economic performance

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Posted Jun 25, 2026, 01:30 PM UTC · In the digest of 2026-06-25-1330
Economists Philippe Aghion and Paul Krugman debate Europe's economic performance

Economists Philippe Aghion and Nobel laureate Paul Krugman are engaged in a transatlantic debate over Europe's economic performance, specifically addressing whether the continent is experiencing a significant economic lag. Their discussion, spanning several months, utilizes vario

A transatlantic debate has emerged between economists Philippe Aghion and Nobel laureate Paul Krugman concerning Europe's economic performance. The discussion, ongoing for several months, centers on whether Europe is experiencing a significant economic lag compared to other regions. This intellectual exchange has unfolded across various platforms, including social media posts, online articles, and interviews. Krugman, a Nobel Prize winner in economics, and Aghion, another prominent economist, are leading the opposing viewpoints in this discourse. The core of their disagreement appears to revolve around the interpretation and robustness of economic data used to assess Europe's alleged economic slowdown or "decoupling." This high-profile exchange highlights differing expert opinions on the continent's current economic trajectory.

Sources: Le Monde

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