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Krugman: Here's What We Can Learn From 'The Twinkie Era'

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PAUL KRUGMAN PLAYBOY
AFP/Getty Images

The Twinkie, it turns out, was introduced way back in 1930. In our memories, however, the iconic snack will forever be identified with the 1950s, when Hostess popularized the brand by sponsoring "The Howdy Doody Show." And the demise of Hostess has unleashed a wave of baby boomer nostalgia for a seemingly more innocent time.

Read the whole story at The New York Times