Paul Krugman on Alien Invasions
Nobel laureate Paul Krugman discussed the possibility of alien life and its impact on the economy in a recent podcast. Here are the key points from his conversation:
- Krugman believes it is highly unlikely that there is no life elsewhere in the galaxy.
- An alien invasion would likely be inflationary, as wars typically involve increased government spending.
- The economist suggested that the government could use the idea of an imminent alien invasion as a way to justify investing in better infrastructure.
- Krugman clarified on Twitter that if intelligent life exists, they would likely be far more advanced than humans and not interested in invading Earth.
Hot Take
While the idea of an alien invasion may seem far-fetched, Krugman’s insights highlight the potential economic consequences such an event could have. It’s interesting to consider how governments and societies might respond to such a scenario, and whether it could lead to significant changes in policy and infrastructure development.