Tweet by @paulkrugman

Paul Krugman @paulkrugman

I'm cross-posting everything on Mastodon. So far it's a very inadequate substitute for this site, mainly because not enough people there. But getting better by the day; it will be time-consuming and awkward to replace Twitter, but we will do as needs Musk — PolitiTweet.org

It is exactly that type of discussion, involving both a few decently known economists, but also many others (yes, t… https://t.co/HJpqU7sEWw

Posted Jan. 1, 2023

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Paul Krugman @paulkrugman

It's precisely because inflation isn't immaculate that we worry about things like supply shocks and wage-price spirals — and why estimating the cost of disinflation is so hard 6/ — PolitiTweet.org

Posted Jan. 1, 2023

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Paul Krugman @paulkrugman

And I found the reference — not Martin Baily but a comment by Bill Nordhaus on a 1976 paper by Baily 1/ https://t.co/y4nQsO9jlq — PolitiTweet.org

I think this came from Martin Baily in the 70s. Anyway, one way to think about inflation is that it's like a sport… https://t.co/11dwAepYII

Posted Jan. 2, 2023