Paul Krugman

@paulkrugman ↗

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Last Checked June 29, 2022

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Sun May 15 13:56:40 +0000 2022

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Paul Krugman @paulkrugman

Consider three positions. 1. Gouging is the main cause of inflation 2. Gouging could be a contributory factor 3. Gouging cannot possibly be a cause of inflation, and anyone saying otherwise is ignorant and dangerous 9/ — PolitiTweet.org

Posted May 15, 2022

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Paul Krugman @paulkrugman

Many economists disagree, which is a defensible position. But the vitriolic nature of their attacks — talking about gouging is like prescribing ivermectin or injecting bleach — is weirdly over the top, and should provoke some self-reflection 8/ — PolitiTweet.org

Posted May 15, 2022

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Paul Krugman @paulkrugman

Position #1 is clearly wrong — but I don’t know any prominent figure who holds it. On the other hand, position #3 is also dubious economics. Gouging is probably a small factor, but it could be *a* factor. Why the vitriol? 10/ — PolitiTweet.org

Posted May 15, 2022