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Paul Krugman

@paulkrugman ↗

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Last Checked April 3, 2022

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Sun Feb 20 14:35:39 +0000 2022

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Paul Krugman @paulkrugman

Two things strike me. First is how big those 18th-century wars were. Someone — Churchill? — called the Seven Years' War the first world war. Not an exaggeration 2/ — PolitiTweet.org

Posted Feb. 20, 2022

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Paul Krugman @paulkrugman

The FRED blog has an interesting chart on wartime deficit spending by the UK over the very long run 1/ https://t.co/NmHRiGzxL2 https://t.co/bY8lueOIsu — PolitiTweet.org

Posted Feb. 20, 2022

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Paul Krugman @paulkrugman

On the other hand, literature, at least what I've read, gives little indication that, in England at least, these felt like total war. The Napoleonic Wars were huge as a share of GDP; Jane Austen wrote Pride and Prejudice in 1813 3/ — PolitiTweet.org

Posted Feb. 20, 2022