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Paul Krugman Quotes

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For most Americans, economic growth is a spectator sport  (Paul Krugman Quotes) People who are complaining about the Fed are people who’ve been predicting runaway inflation for five and six years, and it hasn’t happened.  (Paul Krugman Quotes) Default is not in our stars, but in ourselves  (Paul Krugman Quotes) Not all private equity people are evil. Only some  (Paul Krugman Quotes) ... Politics determine who has the power, not who has the truth  (Paul Krugman Quotes) I admit it: I had fun watching right-wingers go wild as health reform finally became law  (Paul Krugman Quotes) Wealthy Americans who benefit hugely from a system rigged in their favor react with hysteria to anyone who points out just how rigged the system is  (Paul Krugman Quotes) So what are the effects of increasing minimum wages? Any Econ 101 student can tell you the answer: The higher wage reduces the quantity of labor demanded, and hence leads to unemployment  (Paul Krugman Quotes) Friedrich Hayek is not an important figure in the history of macroeconomics  (Paul Krugman Quotes) I’m not sure that the current value of the NASDAQ is justified, but I’m not sure that it isn’t  (Paul Krugman Quotes) The Obama campaign seems dangerously close to becoming a cult of personality  (Paul Krugman Quotes) The United States in particular and the West in general should be feeling a little embarrassed about all that lecturing we did to the Third World  (Paul Krugman Quotes) I predict that in the years ahead Enron, not Sept. 11, will come to be seen as the greater turning point in U. S. society  (Paul Krugman Quotes) A message to progressives: By all means, hang Senator Joe Lieberman in effigy  (Paul Krugman Quotes) Surely I’m not the only person to ask the obvious question: How different, really, is Mr. Madoff’s tale from the story of the investment industry as a whole?  (Paul Krugman Quotes) Outrageous fiscal mendacity is neither historically normal nor bipartisan. It’s a modern Republican thing  (Paul Krugman Quotes) Europe is often held up as a cautionary tale, a demonstration that if you try to make the economy less brutal, to take better care of your fellow citizens when they’re down on their luck, you end up killing economic progress. But what European experience actually demonstrates is the opposite: social justice and progress can go hand in hand  (Paul Krugman Quotes) By rescuing the financial system without reforming it, Washington has done nothing to protect us from a new crisis, and, in fact, has made another crisis more likely.  (Paul Krugman Quotes) There are no atheists in foxholes and there are no libertarians in financial crises  (Paul Krugman Quotes) The United States in particular and the West in general should be feeling a little embarrassed about all that lecturing we did to the Third World.  (Paul Krugman Quotes) The raw fact is that every successful example of economic development this past century ... has taken place via globalization.  (Paul Krugman Quotes) When depression economics prevails, the usual rules of economic policy no longer apply: virtue becomes vice, caution is risky and prudence is folly.  (Paul Krugman Quotes) Asset bubbles have happened even without not-so-easy money. And, in a depressed economy, where alternative uses of money are not great, people are going to bid up the prices of profitable corporations and stuff like that.  (Paul Krugman Quotes) If you’re doing your job right, some substantial group of people [is] going to be mad at you  (Paul Krugman Quotes) I don’t think I’ve had any great success in predicting politics or social change, nor have I really tried.  (Paul Krugman Quotes) Whenever you see some business person quoted complaining about how he or she can’t find workers with the necessary skills, ask what wage they’re offering.  (Paul Krugman Quotes) It’s a funny thing, by the way, how people who love free markets are also quite sure that they know that investors are being irrational.  (Paul Krugman Quotes) A snarky but accurate description of monetary policy over the past five years is that the Federal Reserve successfully replaced the technology bubble with a housing bubble  (Paul Krugman Quotes) Are you, or is someone you know, a gadget freak? If so, you doubtless know that Wednesday was iPhone 5 day, the day Apple unveiled its latest way for people to avoid actually speaking to or even looking at whoever they’re with  (Paul Krugman Quotes) Some years down the pike, we’re going to get the real solution, which is going to be a combination of death panels and sales taxes. It’s going to be that we’re actually going to take Medicare under control, and we’re going to have to get some additional revenue, probably from a VAT. But it’s not going to happen now  (Paul Krugman Quotes)
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