Paul Krugman

Paul Krugman @paulkrugman

Shocking but not surprising, in fact more or less in line with what most of us have been estimating 1/ https://t.co/K5W8Z2kX0T https://t.co/KjpP8ObD3L — PolitiTweet.org

Paul Krugman @paulkrugman

In related news, the Republican governor of Arizona has told epidemiologists to stop modeling Covid-19. Ignorance is strength 5/ https://t.co/1yfpOrDEzh — PolitiTweet.org

Paul Krugman @paulkrugman

Let me say in particular that the attempt to pull academic rank on Jason Furman — from an administration whose chief economist is Larry Kudlow, and which tried to put Stephen Moore on the Fed board — is especially awesome 4/ — PolitiTweet.org

Paul Krugman @paulkrugman

Their response when this was pointed out was (a) to insist that the dotted line extending their fitted curve into the future wasn't a projection, even though it looked like a projection to everyone who saw it and (b) to slime the critics 3/ https://t.co/kIYeyQ3uEN — PolitiTweet.org

Paul Krugman @paulkrugman

It turns out that the Trump economics team did some awesomely stupid analysis of epidemiology, a subject of which they know nothing, to produce numbers Trump liked 2/ https://t.co/2aFGbY9dQW — PolitiTweet.org

Paul Krugman @paulkrugman

The other day I wrote about the problem of a Trump team incapable of admitting or learning from mistakes. I didn't realize either how bad it was or how spectacular an example we'd soon see of this character flaw 1/ https://t.co/6MbhNTZUnS — PolitiTweet.org

Paul Krugman @paulkrugman

RT @dandrezner: “When you keep getting things wrong, and especially when you keep getting them wrong in the same direction, you’re supposed… — PolitiTweet.org

Paul Krugman @paulkrugman

RT @BCAppelbaum: The Trump Administration's Council of Economic Advisers, which usually focuses on producing hilariously terrible economic… — PolitiTweet.org

Paul Krugman @paulkrugman

So, a lot of economists from both parties signed a letter praising the appointment of Kevin Hassett to CEA. I wonder how they're feeling now? Anyway, remember this the next time someone accuses people like me of being too partisan ... https://t.co/Fmlltl8I4O — PolitiTweet.org

Paul Krugman @paulkrugman

RT @ObsoleteDogma: My god, Kevin Hassett really is just using a Excel trendline to “project” that Covid-19 deaths will almost go down to ze… — PolitiTweet.org

Paul Krugman @paulkrugman

RT @john_voorheis: According to predictions from my "cubic model" fitted on yesterday's data, today's temperature is approaching absolute z… — PolitiTweet.org

Paul Krugman @paulkrugman

Reverse engineering what he seems to have done, it's beyond stupid. And it will kill thousands 4/ https://t.co/hV6lp86HiT — PolitiTweet.org

Paul Krugman @paulkrugman

You could say that as an economist he doesn't know how to do epidemiology. But his data analysis in his own field is no better 3/ https://t.co/x6pKjGMQkG — PolitiTweet.org

Paul Krugman @paulkrugman

More detail on his role in White House virus predictions here 2/ https://t.co/lTBiqsSAEC https://t.co/4luijgto63 — PolitiTweet.org

Paul Krugman @paulkrugman

I was pretty hard on Kevin Hassett here — but not hard enough 1/ https://t.co/6MbhNTZUnS — PolitiTweet.org

Paul Krugman @paulkrugman

Of course Trump told an economist who has been wrong about everything — without ever admitting mistakes — to second-guess epidemiologists https://t.co/6MbhNTZUnS — PolitiTweet.org

Paul Krugman @paulkrugman

RT @nytopinion: "Trump and company didn’t make a one-time mistake. They grossly minimized the pandemic and its dangers every step of the wa… — PolitiTweet.org

Paul Krugman @paulkrugman

RT @stone_lis: In this interview on @MorrningJoe @paulkrugman discusses the economic fallout of the #pandemic, including the of role #inequ… — PolitiTweet.org

Paul Krugman @paulkrugman

RT @ObsoleteDogma: I’m not saying Kevin Hassett is bad at making predictions, but if he told me the sun was going to come up tomorrow, I’d… — PolitiTweet.org

Paul Krugman @paulkrugman

Arguing with Zombies review: Paul Krugman trumps the Republicans | Books | The Guardian https://t.co/kmUhvIhSZl — PolitiTweet.org

Paul Krugman @paulkrugman

Governors and foreign leaders who declared, "I have nothing to offer but blood, toil, tears, and face masks" have seen surging approval; Trump's see no virus, hear no virus, speak no virus approach has gotten him mainly well-deserved scorn 2/ — PolitiTweet.org

Paul Krugman @paulkrugman

One irony of the current situation is that Trump's all politics, no science approach to Covid-19 has been a political dud 1/ https://t.co/QCVapxkjxQ https://t.co/MgxBFjq1EN — PolitiTweet.org

Paul Krugman @paulkrugman

You can tell stories about how this story might end in inflation. But numbers like money supply and the size of the Fed's balance sheet tell you nothing except that the Fed is doing its job 6/ — PolitiTweet.org

Paul Krugman @paulkrugman

Basically the same thing this time. In March Covid-related losses threatened to spill over into a full-scale financial crisis, but the Fed managed to contain it 5/ https://t.co/bPgXS2rxFL — PolitiTweet.org

Paul Krugman @paulkrugman

This was *not* the Fed exogenously rolling the printing presses. It was private investors fleeing into the haven of presumably safe assets — funds that accumulated as excess bank reserves, which the Fed recycled back into the economy via quantitative easing 4/ — PolitiTweet.org

Paul Krugman @paulkrugman

We saw the same thing, although not on the same scale, in 2008-9 as bond spreads temporarily soared 3/ https://t.co/qD6mIji19w — PolitiTweet.org

Paul Krugman @paulkrugman

In particular, I see people pointing to a surge in the money supply as a harbinger of inflation, which is really off-point in a financial crisis 2/ https://t.co/1xMZFnM3Pf — PolitiTweet.org

Paul Krugman @paulkrugman

Remember the people who spent 2008-2014 or so constantly warning about inflation? Well, they're back. And to be fair, this shock is different in important ways. But a lot of the financial crisis lessons still apply 1/ https://t.co/ax1541CBoy — PolitiTweet.org

Paul Krugman @paulkrugman

You know, if someone asked me to project Covid-19 deaths, I'd say "Epidemiology is a technical subject, and there are real experts. Talk to them, not to me." — PolitiTweet.org

Paul Krugman @paulkrugman

If you never make a bad prediction, you're not taking enough chances. But if you never admit that you were wrong, you never learn from your mistakes. — PolitiTweet.org