Good stuff!
One thing I strongly disagree with Krugman on is the idea that “economics is not a morality tale. Not because something is bad [e.g. the war], it’s also bad for the economy in the short run.”
Actually, in my book, the economy is people producing wealth, i.e. things that make us better off, things that gives us “welfare” (as economists call it), things that make our lives worth living, not only stuff, but everything that we deem good (friendship, social cohesion, etc.). A war destroys lives and treasury massively. It destroys welfare, the whole point of an economy. It’s bad in the short- and long run.
Otherwise I say to Paul Krugman: Keep up the good work!
