Paul Krugman

@paulkrugman ↗

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Last Checked April 27, 2021

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Sat Apr 04 13:35:21 +0000 2020

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Paul Krugman @paulkrugman

But is price-gouging in the wake of a disaster bad? Most people instinctively feel that it is — that those who happen to be in possession of crucial supplies in a time of extreme shortages shouldn’t be allowed to make a killing by selling those supplies at very high prices. 3/ — PolitiTweet.org

Posted April 4, 2020 Hibernated

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Paul Krugman @paulkrugman

Crucially, the Trump administration’s refusal to make serious use of the Defense Production Act has left states competing with each other for critical medical supplies, from ventilators to personal protective equipment, leading to soaring prices. 2/ — PolitiTweet.org

Posted April 4, 2020 Hibernated

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Paul Krugman @paulkrugman

To the extent that economists have thought about it, however, they tend to argue that we should let markets work, that putting a lid on price increases is counterproductive. 4/ https://t.co/Y4oHpjKG2h — PolitiTweet.org

Posted April 4, 2020 Hibernated