Paul Krugman

@paulkrugman ↗

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Last Checked Sept. 16, 2020

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Thu Aug 22 18:40:22 +0000 2019

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Paul Krugman @paulkrugman

I suspect that the answer is a mix of sociology and politics: obsessing over the evils of stagnation both served a conservative agenda and played to economists' desire to be ever more neoclassical. But the contrast remains striking 7/ — PolitiTweet.org

Posted Aug. 22, 2019 Hibernated

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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

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Paul Krugman @paulkrugman

I would be interesting if someone at Jackson Hole besides LHS makes the case for sustained fiscal stimulus, and invokes Blanchard on the near-irrelevance of debt. Eager to hear reports 8/ — PolitiTweet.org

Posted Aug. 22, 2019 Hibernated