Paul Krugman

@paulkrugman ↗

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Last Checked Nov. 10, 2022

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Sun Oct 16 15:30:11 +0000 2022

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Paul Krugman @paulkrugman

To take one big example, Minsky in the raw is almost unreadable: the valuable morsels of insight are smothered in a thick stew of indigestible prose. It only makes sense if you have some clear, simple stories — not necessarily formal models — to help you pick out key themes 5/ — PolitiTweet.org

Posted Oct. 16, 2022

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Paul Krugman @paulkrugman

But my last principle was "Simply, simplify". Richly layered discussions of economics and finance can contain valuable insights, but are much more useful when you have clear, stylized models to help figure out what's important 4/ — PolitiTweet.org

Posted Oct. 16, 2022

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Paul Krugman @paulkrugman

Charles Kindleberger, by contrast, was an elegant and witty writer. But it could be hard to figure out what was really crucial. I actually took his international finance course in grad school; all of us came out feeling very confused 6/ — PolitiTweet.org

Posted Oct. 16, 2022