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Paul Krugman Quotes

Paul Krugman quotes

American Economist February 28, 1953

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Quotes

Paul Krugman quote: "I have friends, political scientists, sociologists, who all..."
I have friends, political scientists, sociologists, who all share an interest at least in certain kinds of science fiction. Paul Krugman
Paul Krugman quote: "But Wall Street people are in fact very smart; they're funny,..."
But Wall Street people are in fact very smart; they're funny, they're not company men who work their way up the chain. Paul Krugman
Paul Krugman quote: "I don't think I've had any great success in predicting..."
I don't think I've had any great success in predicting politics or social change, nor have I really tried. Paul Krugman
The problem isn't that people don't understand how good things are. It's that they know, from personal experience, that things really aren't that good. Paul Krugman
Economics is really about two stories. One is the story of the old economist and younger economist walking down the street, and the younger economist says, ‘Look, there’s a hundred-dollar bill,’ and the older one says, ‘Nonsense, if it was there somebody would have picked it up already.’ So sometimes you do find hundred-dollar bills lying on the street, but not often—generally people respond to opportunities. The other is the Yogi Berra line ‘Nobody goes to Coney Island anymore; it’s too... Paul Krugman
Paul Krugman quote: "The real danger with debt is what happens if lots of people..."
The real danger with debt is what happens if lots of people decide, or are forced, to pay it off at the same time. Paul Krugman
And that's just the beginning. More and more, conventional wisdom says that the responsible thing is to make the unemployed suffer. And while the benefits from inflicting pain are an illusion, the pain itself will be all too real. Paul Krugman
If it were profitable to have indentured servants in the modern world, I'm sure that Richard Scaife's think tanks would have no trouble finding justifications, and assorted Christian groups would explain why it's God's will. Paul Krugman
The media are desperately afraid of being accused of bias. And that's partly because there's a whole machine out there, an organized attempt to accuse them of bias whenever they say anything that the Right doesn't like. So rather than really try to report things objectively, they settle for being even-handed, which is not the same thing. One of my lines in a column—in which a number of people thought I was insulting them personally—was that if Bush said the Earth was flat, the mainstream... Paul Krugman
[W]hat possible purpose does this lashing-out serve? Will activists be shamed into recovering their previous enthusiasm? Will Republicans stop their vicious attacks because Obama is lashing out to his left? It was pure self-indulgence; even if he feels aggrieved, he has to judge his words by their usefulness, not by his desire to vent. This isn't about him. Paul Krugman
Paul Krugman quote: "The science fiction world has a lot of people doing seriously..."
The science fiction world has a lot of people doing seriously imaginative thinking. Paul Krugman
Paul Krugman quote: "Politics determines who has the power, not who has the truth."
Politics determines who has the power, not who has the truth. Paul Krugman
Paul Krugman quote: "I think so long as fossil fuels are cheap, people will use..."
I think so long as fossil fuels are cheap, people will use them and it will postpone a movement towards new technologies. Paul Krugman
Paul Krugman quote: "In our country, learned ignorance is on the rise."
In our country, learned ignorance is on the rise. Paul Krugman
Paul Krugman quote: "I admit it: I had fun watching right-wingers go wild as health..."
I admit it: I had fun watching right-wingers go wild as health reform finally became law. Paul Krugman

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