Paul Krugman

@paulkrugman ↗

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Last Checked April 27, 2021

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Tue Apr 13 12:17:53 +0000 2021

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Paul Krugman @paulkrugman

One side note: some progressives have embraced MMT — without knowing quite what it means, because nobody does — because they think it's more favorable to their agenda than mainstream economics. But right now it's the opposite! 2/ — PolitiTweet.org

Posted April 13, 2021

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Paul Krugman @paulkrugman

Can I say how weird it is to see the US reemerging as a role model for policy? Anyway, Simon Wren-Lewis explains why Biden-style aggressive stimulus is the right way to go 1/ https://t.co/EBpquD27DD — PolitiTweet.org

Posted April 13, 2021

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Paul Krugman @paulkrugman

Why? Because mainstream economics says that any inflation threat from overheating can be contained by monetary policy; MMTers don't believe in monetary policy, for unclear reasons, so their doctrine gives more reason to worry 3/ — PolitiTweet.org

Posted April 13, 2021