Paul Krugman

@paulkrugman ↗

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Last Checked Oct. 15, 2021

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Sat Aug 21 19:14:10 +0000 2021

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Paul Krugman @paulkrugman

A memory perhaps relevant to the discourse over debt: In the 1950s, I think, when Britain was obsessed over the balance of payments, an official was asked why they didn't have these problems in the heyday of empire. His answer: "You see, back then we didn't have statistics" — PolitiTweet.org

Posted Aug. 21, 2021

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Paul Krugman @paulkrugman

Book recommendation: a novel about Westerners trying unsuccessfully to impose their values in central Asia — except the Westerners are Alexander the Great's Macedonians https://t.co/IboFTZn3in — PolitiTweet.org

Posted Aug. 21, 2021

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Paul Krugman @paulkrugman

Barney Frank's phrase: weaponized Keynesianism (gov spending destroys jobs, unless it's on weapons, when it creates them) — PolitiTweet.org

Hawkish US politicians believe deeply in Modern Monetary Theory, but *only* when it comes to the military.

Posted Aug. 21, 2021