nice succinct essay by rev about the specific way in which @paulkrugman is a shitheel
many of us have a story like this: Krugman writes an incendiary column about something we know about and the column happens to be not one probably false but also insanehttps://twitter.com/St_Rev/status/1415980899477381122 …
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krugman was curiously based in the 90s which makes me think he lost his mind during the second bush era some medical professional among you should do a study of Long Bush Derangement Syndromehttps://slate.com/business/1997/03/in-praise-of-cheap-labor.html …
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its a shame. Krugman used to be playful, brilliant, curious i think his paper on interstellar trade showcases all of these traits http://www.princeton.edu/~pkrugman/interstellar.pdf …
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i dont know what causes people to become like this. I have other cases in mind; theyre mostly men about my age. maybe a decade older something happens and they just mindkill themselves there but for the grace of god i guess
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yeah i know his wife apparently suckshttps://twitter.com/cheapseatsecon/status/1416052822500651016?s=19 …
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A 2 second search reveals: During the Reagan admin, real GDP growth avg 3.5%, compared to 2.9% during the preceding eight years. Annual average unemployment rate declined by 1.7%, from 7.2% in 1980 to 5.5% in 1988, after it had increased by 1.6% over the preceding eight years.
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yeah hes fucking around with intervals to get the result he wants and the analysis is puerile even for a high schooler and he should be mortified
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(Macro)Economist not knowing in the in’s and out’s of accounting can be a real problem. That’s where the magic happens - especially important in the context of monetary policy. Most of the time it’s useful to abstract away from the BS level, but if it’s not - oh boy
Thanks. Twitter will use this to make your timeline better. UndoUndo
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