Paul Krugman

@paulkrugman ↗

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Last Checked July 22, 2020

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Mon Jun 24 11:03:14 +0000 2019

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Paul Krugman @paulkrugman

And here's the thing: Samuelson's big complaints about Mankiw are that he doesn't talk much about the Great Recession or the risks of financial panic. Um, our textbook talks a LOT about the GR and about how shadow banking brought a modern version of bank runs back 2/ — PolitiTweet.org

Posted June 24, 2019 Hibernated

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Paul Krugman @paulkrugman

Ahem. Robert Samuelson says we need to tear up our economics textbooks based on his reading of Greg Mankiw. But you know, there are other best-selling textbooks 1/ https://t.co/ESlagGRtsh https://t.co/53XR0aqyAi — PolitiTweet.org

Posted June 24, 2019 Hibernated

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Paul Krugman @paulkrugman

So Samuelson's complaint about "economics" is really a complaint about one book – a book that has from the beginning downplayed recessions and crises. When Robin and I wrote our book, we decided from the 1st edition that short-run fluctuations were still a big deal 3/ — PolitiTweet.org

Posted June 24, 2019 Hibernated