Paul Krugman

@paulkrugman ↗

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Last Checked July 8, 2020

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Fri Jun 07 23:59:15 +0000 2019

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Paul Krugman @paulkrugman

The textbooks (mine included) tell you that more choice is always better. But a lot of things gain value precisely because they aren't an option most of the time. I'd probably get tired of fresh figs and mangoes if I could get them all year round. 6/ — PolitiTweet.org

Posted June 7, 2019 Hibernated

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Paul Krugman @paulkrugman

Are these fruits better than other fruits? Objectively, no. What makes them so great now is precisely the fact that you can't get them most of the year. And that, of course, tells you that standard consumer choice theory is all wrong 5/ — PolitiTweet.org

Posted June 7, 2019 Hibernated

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Paul Krugman @paulkrugman

Does this have any policy implications? Probably not. What really really matters is being able to afford health care, decent housing, and good education; the things I'm talking about are trivial. 7/ — PolitiTweet.org

Posted June 8, 2019 Hibernated