Paul Krugman

Paul Krugman @paulkrugman

Some relief coming in the supermarket aisle? The FAO index of global food prices has plunged 1/ https://t.co/LKZ8pxuTlP https://t.co/pzHSRHIaVH — PolitiTweet.org

Paul Krugman @paulkrugman

RT @michaelxpettis: 1/13 For years this has seemed counterintuitive to many, but Paul Krugman argues here that China's growing trade surplu… — PolitiTweet.org

Paul Krugman @paulkrugman

Autocracy may be on the march — but not because it works better than democracy. It doesn’t. https://t.co/hZatIcApic — PolitiTweet.org

Paul Krugman @paulkrugman

RT @arindube: Student debt cancellation of $10K would have very little impact on inflation. We can argue about fairness considerations, red… — PolitiTweet.org

Paul Krugman @paulkrugman

Whaddya know 3/ https://t.co/Bd5o6LlMXU — PolitiTweet.org

Paul Krugman @paulkrugman

It was a conversation I really did hear, and ... 2/ — PolitiTweet.org

Paul Krugman @paulkrugman

Got a lot of hate over this tweet, but ... 1/ https://t.co/K5d9ylvbHe — PolitiTweet.org

Paul Krugman @paulkrugman

In a time of remote work, we all need a room of our own https://t.co/CxKh1xkZw5 — PolitiTweet.org

Paul Krugman @paulkrugman

But NJ Transit leads In escalators that run the wrong way — PolitiTweet.org

Paul Krugman @paulkrugman

A government that is actually trying to do its job https://t.co/yXswgL2Lg9 — PolitiTweet.org

Paul Krugman @paulkrugman

Which came first? https://t.co/BC5Q5idXXS — PolitiTweet.org

Paul Krugman @paulkrugman

And anyone who took Andrew Yang seriously wasn't paying attention 2/ https://t.co/YEApqYe48t — PolitiTweet.org

Paul Krugman @paulkrugman

I don't know. Right now I'm much higher on Joe Biden — and Chuck Schumer! — than I ever expected 1/ — PolitiTweet.org

Paul Krugman @paulkrugman

So legislation that, from the point of view of the middle class, is all positives was arguably the only way to go right now — and it so happens to be not-terrible economics. I'd hope we can do more eventually, but am amazed that we got this much now 4/ — PolitiTweet.org

Paul Krugman @paulkrugman

I'd add that among the political constraints is the reality that if you do clever things to compensate voters who lose from taxes ... they won't notice. E.g., schemes to neutralize the impact of carbon taxes with lump-sum transfers were just naive about how much voters know 3/ — PolitiTweet.org

Paul Krugman @paulkrugman

On the other hand, given those externalities, a carbon tax alone wouldn't be first-best either. If there were no political constraints, we'd probably want a mix of emissions taxes and industrial policy. But you can't ignore those constraints; getting the IRA is a miracle 2/ — PolitiTweet.org

Paul Krugman @paulkrugman

Not sure we even have a disagreement. The likelihood of positive externalities from alternative energy makes a subsidy-based approach to climate better than your usual second-best policy — but there is definitely a case for broad disincentives to emit greenhouse gases 1/ — PolitiTweet.org

Paul Krugman @paulkrugman

RT @BarackObama: This is a BFD. — PolitiTweet.org

Paul Krugman @paulkrugman

Econ 101 says tax pollution. Here's why Democrats didn't go that route https://t.co/QgHJ2VIKUm — PolitiTweet.org

Paul Krugman @paulkrugman

RT @nytopinion: “Those people hoping for bipartisan efforts on climate are probably deluding themselves,” @paulkrugman writes. “Environment… — PolitiTweet.org

Paul Krugman @paulkrugman

Critical race theory, Cracker Barrel sausage, and climate change https://t.co/u1OivdwFWv — PolitiTweet.org

Paul Krugman @paulkrugman

Um, folks, it was the lede in my column last week https://t.co/4wmoVDsZmX — PolitiTweet.org

Paul Krugman @paulkrugman

My take is that environmental policy got caught up in the culture war, which in turn is largely a proxy for race/ethnicity anxiety. More about that in the days ahead 6/ — PolitiTweet.org

Paul Krugman @paulkrugman

Notice that the surge in R concerns about the cost of environmental protection more or less coincides with the reality of plunging costs, thanks to technological progress in renewable energy 5/ — PolitiTweet.org

Paul Krugman @paulkrugman

And here are views on the economic costs of protection 4/ https://t.co/qYeK3wh3jQ — PolitiTweet.org

Paul Krugman @paulkrugman

Here, from Pew, is opinion on whether we should do what it takes to protect the environment: 3/ https://t.co/1wUJJtIvKd — PolitiTweet.org

Paul Krugman @paulkrugman

In the 1990s, the parties weren't that far apart on environmental policy — nothing like the chasm that mainly emerged during the Obama years 2/ — PolitiTweet.org

Paul Krugman @paulkrugman

Some further notes on the changing politics of environment. Not only did the 1990 bill pass with bipartisan support, one of the Yea votes was a first-term senator from Kentucky named Mitch McConnell 1/ — PolitiTweet.org

Paul Krugman @paulkrugman

As David Roberts points out in an excellent pod, getting real about building a coalition was essential to this miracle 2/ https://t.co/pXMx7iIlDE — PolitiTweet.org

Paul Krugman @paulkrugman

With the last-minute triumph of Biden's climate bill, re-upping what I wrote a few years back about why I rejected "carbon price purism" 1/ — PolitiTweet.org