Paul Krugman

@paulkrugman ↗

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Last Checked Oct. 19, 2022

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Tue Oct 04 20:08:10 +0000 2022

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Paul Krugman @paulkrugman

Here's the puzzle: the unemployment rate is currently about what it was on the eve of the pandemic, but underlying inflation, by whatever measure you choose, is much higher than it was then 2/ — PolitiTweet.org

Posted Oct. 4, 2022

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Paul Krugman @paulkrugman

OK, a few notes — and some eyeball econometrics — on why some of us are very happy about today's JOLTS report 1/ — PolitiTweet.org

Posted Oct. 4, 2022

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Paul Krugman @paulkrugman

This could in principle be caused by self-fulfilling expectations of higher inflation — but there's no evidence, from surveys or market data, that this is the story 3/ — PolitiTweet.org

Posted Oct. 4, 2022