Paul Krugman

@paulkrugman ↗

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Last Checked Nov. 5, 2021

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Fri Sep 17 21:19:21 +0000 2021

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Paul Krugman @paulkrugman

The image of Europe staggering under the disincentive effects of taxes and social benefits is way out of date. These days prime-age adults are *more* likely to be employed in Europe than in the US 2/ https://t.co/Ykfz4UjSFK — PolitiTweet.org

Posted Sept. 17, 2021

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Paul Krugman @paulkrugman

Really surprised to see Greg Mankiw raising the specter of European economies depressed by excessively large welfare states. Even more surprised to see him citing as his main source a 2003(!) paper by Ed Prescott 1/ https://t.co/B2q3UDjivF — PolitiTweet.org

Posted Sept. 17, 2021

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Paul Krugman @paulkrugman

GDP per capita is lower, but mainly because Europeans take much more vacation time than Americans do — and not because of high taxes. Alesina et al debunked that claim (and Prescott) long ago 3/ https://t.co/5P9wLSpizO https://t.co/0lowYFPIiP — PolitiTweet.org

Posted Sept. 17, 2021