2026-09-19 11:53 UTC
“…can [we] measure how much pain is created by disruption of trade. … What is the relative willingness to bear pain? With U.S. vs. Canada… …the Canadians kind of know why they’re doing what they’re doing. And certainly the great bulk of the U.S. public has no idea why we’re doing what we’re doing.”
—Paul Krugman, Economic Size and Economic Power
#usa #canada #tariffs #tradewar
Replies (1)
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@janhoglund@mastodon.nu 2026-09-19 11:56
“…world power is not simply a matter of the amount of damage you can do, but the amount of damage that you’re willing to accept. And we don’t have a real answer to that.” —Paul Krugman, Economic Size and Economic Power #economics #power