Paul Krugman

@paulkrugman ↗

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Last Checked April 27, 2021

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Sat Apr 04 13:36:20 +0000 2020

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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

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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

There seem to have been very few attempts to think through why, exactly, most people feel that price-gouging is bad; this is one of the few examples I’ve been able to find. https://t.co/yLiSUbFvED But I’d argue that the public is right and many (most?) economists are wrong.5/ — PolitiTweet.org

Posted April 4, 2020 Hibernated