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Paul Krugman

@paulkrugman ↗

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Last Checked Sept. 16, 2020

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Sun Aug 25 13:35:45 +0000 2019

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Paul Krugman @paulkrugman

The point is that while a stable protectionist regime makes an economy inefficient, it doesn't necessarily make it depressed. Fewer jobs in export industries, but more jobs in import-competing industries 3/ — PolitiTweet.org

Posted Aug. 25, 2019 Hibernated

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Paul Krugman @paulkrugman

There are two aspects to this story. One is that Trump really is melting down at the first hint of adversity. The other is that this kind of behavior is arguably more damaging than straightforward protectionism 2/ — PolitiTweet.org

Posted Aug. 25, 2019 Hibernated

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Paul Krugman @paulkrugman

Case in point: Britain in the 1950s had high tariffs (>25 percent) https://t.co/Tb59kS4U9K but low unemployment 4/ https://t.co/HogL7pauHu — PolitiTweet.org

Posted Aug. 25, 2019 Hibernated