Paul Krugman

@paulkrugman ↗

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Last Checked July 3, 2020

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Thu Mar 21 12:18:32 +0000 2019

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Paul Krugman @paulkrugman

Now, US population has doubled since then, we eat more meat and other foods that require more agricultural production, and we export a lot. But food tends to take a declining share of income as income rises, and we just can't find work for many farmers these days 4/ — PolitiTweet.org

Posted March 21, 2019 Hibernated

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Paul Krugman @paulkrugman

The fundamental fact is that we no longer need many farmers. Here's a rough estimate of the growth in farm productivity over the past 70 years. The average farmer produces 24x times as much as in 1948 3/ https://t.co/gixjDvaQjc — PolitiTweet.org

Posted March 21, 2019 Hibernated

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Paul Krugman @paulkrugman

In principle, rural areas could sustain themselves other ways -- and some do. But on average, businesses and, in many cases, people themselves are going to prefer metro areas with bigger markets, broader economic bases, and more amenities 5/ — PolitiTweet.org

Posted March 21, 2019 Hibernated