Paul Krugman

@paulkrugman ↗

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Last Checked April 27, 2021

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Sun Apr 11 17:19:00 +0000 2021

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Paul Krugman @paulkrugman

And I've long been indebted to him for the phrase "the doctrine of immaculate transfer," for claims that capital movements can somehow take place without changes in real exchange rates to induce the corresponding trade imbalances 3/ — PolitiTweet.org

Posted April 11, 2021

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Paul Krugman @paulkrugman

Williamson also devised the "crawling peg" exchange rate system, which helped developing countries escape from repeated balance of payments crises. 2/ https://t.co/cjzMEtyIHI — PolitiTweet.org

Posted April 11, 2021

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Paul Krugman @paulkrugman

With Robert Mundell — an utterly different kind of person, but both in the same firmament — passing a few days ago, it feels as if we're drawing the curtain on an era 4/ — PolitiTweet.org

Posted April 11, 2021