reading this all i could think is how the amount of knowledge we've accumulated about macroeconomics is really quite low and hardly seems to be moving towards "accumulating more knowledge over time" as opposed to relearning stuff paulkrugman.substack.com/p/stagflation-…
also "the law of diminishing disciples" is an amazing line. people have lots of thoughts about paul krugman but he's so good at writing about economics per se paulkrugman.substack.com/p/stagflation-… 
(obviously a controversial guy but larry summers is a good example of someone who tries to say interesting, novel, not-pure-math-y things about "the economy" for better or worse)
also him being right about interest rates is almost certainly a more contrarian and consequential call than nickel-and-diming a nearly $2tn relief bill
• • •
Missing some Tweet in this thread? You can try to
force a refresh
