Paul Krugman

@paulkrugman ↗

Deleted No

Hibernated Yes

Last Checked Dec. 11, 2020

Created

Sat Dec 14 17:34:16 +0000 2019

Likes

132

Retweets

Source

Twitter Web App

View Raw Data

JSON Data

View on Twitter

Likely Available

Paul Krugman @paulkrugman

This implied, among other things, that increasing the money supply could have real effects, boosting the economy in a slump rather than just causing inflation. And it was a view supported by a lot of evidence 3/ — PolitiTweet.org

Posted Dec. 14, 2019 Hibernated

Preceded By

Paul Krugman @paulkrugman

Economists of my generation came of intellectual age amidst a bitter civil war in macroeconomics, dominated by the question of how prices respond to changes in overall demand. More or less Keynesian economists argued that prices are sticky, responding only sluggishly 2/ — PolitiTweet.org

Posted Dec. 14, 2019 Hibernated

Followed By

Paul Krugman @paulkrugman

But a large part of the profession insisted that because rational individuals wouldn't have any money illusion, it must not exist, so monetary policy must be useless (and let's not even get into fiscal policy). And this view gained a stranglehold over many journals 4/ — PolitiTweet.org

Posted Dec. 14, 2019 Hibernated