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Walter Olson
walterolson.bsky.social
did:plc:efpytyxmwow5ffwi3dphhrlq
"Furceri et al. (2020)... find that GDP tends to go down after a big tariff hike. And for very large tariff increases, the magnitude of the output decline increases as the years go by — the long-term pain is worse than the short-term pain." [@noahpinion.blogsky.venki.dev]
https://www.noahpinion.blog/p/at-least-five-interesting-things-9bb
2025-04-12T01:48:23.782Z