Paul Krugman

@paulkrugman ↗

Deleted No

Hibernated Yes

Last Checked Sept. 16, 2020

Created

Thu Aug 22 18:35:43 +0000 2019

Likes

233

Retweets

Source

Twitter Web App

View Raw Data

JSON Data

View on Twitter

Likely Available

Paul Krugman @paulkrugman

Larry also mentions how the inflation of the 1970s led to a major rethinking of macro, and suggests that we should do the same. It seems to me that we should be asking hard questions about why that hasn't happened already 5/ — PolitiTweet.org

Posted Aug. 22, 2019 Hibernated

Preceded By

Paul Krugman @paulkrugman

In other words, this is what normal looks like in the 21st century. Great Moderation macroeconomics — central banks rule the business cycle, fiscal policy only as an emergency measure — isn't coming back. 4/ — PolitiTweet.org

Posted Aug. 22, 2019 Hibernated

Followed By

Paul Krugman @paulkrugman

After all, at this point ultra-low interest rates and persistent demand shortfalls have gone on much longer than stagflation ever did. Why did 7-8 bad years in the 1970s change everything, but 11 bad years since 2008 change so little? 6/ — PolitiTweet.org

Posted Aug. 22, 2019 Hibernated