11/19/2012 09:02 am ET Updated Jan 19, 2013

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

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.

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