Paul Krugman

@paulkrugman ↗

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Last Checked Jan. 4, 2021

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Fri Jan 10 12:26:44 +0000 2020

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Paul Krugman @paulkrugman

Now, times have changed. The idealized model of a perfectly competitive economy no longer has the kind of grip it had 50 years ago, and the payoff to clever deviations from that model is much lower; these days the action is largely in empirical work. 3/ — PolitiTweet.org

Posted Jan. 10, 2020 Hibernated

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Paul Krugman @paulkrugman

I can relate. I wrote a somewhat similar essay many years ago, "How I work" (included in my new book) https://t.co/tYTVNdbO5O in which I said something similar 2/ https://t.co/hdGWzpfQ3E — PolitiTweet.org

Posted Jan. 10, 2020 Hibernated

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Paul Krugman @paulkrugman

But empirical work can also be deeply creative, even thrilling. There are a lot of really impressive young economists out there now. The state of economic research is good, even if people in power aren't interested in evidence 4/ — PolitiTweet.org

Posted Jan. 10, 2020 Hibernated