Paul Krugman

@paulkrugman ↗

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Last Checked Nov. 11, 2022

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Sun Oct 16 15:32:10 +0000 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

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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

Then Rudi Dornbusch, with his crystal-clear models, arrived at MIT, and a funny thing happened: not only was Rudi's approach an inspiration, but once you learned how to do clear models, Kindleberger's insights began to make sense too 7/ — PolitiTweet.org

Posted Oct. 16, 2022