Krugman Says There's No Need to Panic If Mamdani Becomes NYC Mayor

There's something of an economic debate going on right now in New York City and in Manhattan in the mayoral race with a self-proclaimed Democratic socialist, Mr. . Mamdani, running. How serious is this as a possible change in the economic approach in New York City.I think that Mamdani is what we call a socialist in America. It would be just kind of a Social Democrats in Europe. It's really not extreme.We can talk about some of his proposals. Might be a little. I'm not sure about the rent stuff.I actually do ...