Latest Paul Krugman Quotes from Interviews

Quotes about:

• I think if you're a liberal, you believe that we all are, at least to some extent, our brothers' keepers, you really believe that we have a sumptuary responsibility to make sure that life is decent for everybody in America, that you believe that society out to be broadly shared, and you believe that you can't have a real democracy unless you have a little bit, at least, of economic democracy.

  Paul Krugman

  Brother, Real, Believe

  Source: www.pbs.org

• Anyone who thinks that the last 80 years, ever since FDR took us off gold, have been a doomed venture, that strikes me as kind of cranky.

  Paul Krugman

  Thinking, Years, Gold

  "Paul Krugman on Why David Stockman Is a Crank". Interview with Paul Solman, www.pbs.org. June 6, 2013.

• Economics is not a morality play.

  Paul Krugman

  Play, Morality, Economics

• I've always believed in expansionary monetary policy and if necessary fiscal policy when the economy is depressed.

  Paul Krugman

  Fiscal Policy, Economy, Monetary Policy

  "Paul Krugman on Debt, but Are Soaring Interest Rates Running Against Him?". Interview with Paul Solman, www.pbs.org. May 29, 2013.

• I think Stockman is an interesting sort of amalgam.

  Paul Krugman

  Thinking, Interesting

  "Paul Krugman on Why David Stockman Is a Crank". Interview with Paul Solman, www.pbs.org. June 6, 2013.

• You really have to go searching desperately to find any contemporary examples of good, old-fashioned runaway inflation.

  Paul Krugman

  Example, Runaway, Old Fashioned

  "Why Paul Krugman thinks inflation fears are baloney". Interview with Paul Solman, www.pbs.org. November 3, 2014.

• There's one thing that the Fed has been really good at cracking down on, and that's inflation.

  Paul Krugman

  Feds, Inflation, Has Beens

  "Why Paul Krugman thinks inflation fears are baloney". Interview with Paul Solman, www.pbs.org. November 3, 2014.

• When the Fed decides that inflation is too high, they have the tools, and they've shown historically that they have the will, to bring it down. And, it might be painful.

  Paul Krugman

  Tools, Down And, Might

  "Why Paul Krugman thinks inflation fears are baloney". Interview with Paul Solman, www.pbs.org. November 3, 2014.

• 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

  People, Alternatives, Use

  "Why Paul Krugman thinks inflation fears are baloney". Interview with Paul Solman, www.pbs.org. November 3, 2014.

• 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

  Funny Things, People, Way

  "Why Paul Krugman thinks inflation fears are baloney". Interview with Paul Solman, www.pbs.org. November 3, 2014.

• 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

  Years, People, Complaining

  "Why Paul Krugman thinks inflation fears are baloney". Interview with Paul Solman, www.pbs.org. November 3, 2014.

• If the price of everything is going down, that's going to include wages as well. People will have an incentive to sit on their cash and not spend it.

  Paul Krugman

  People, Wages, Incentives

  "Why Paul Krugman thinks inflation fears are baloney". Interview with Paul Solman, www.pbs.org. November 3, 2014.

• If you're doing your job right, some substantial group of people [is] going to be mad at you.

  Paul Krugman

  Jobs, People, Mad

  "Paul Krugman on why Janet Yellen is the un-central banker". Interview with Paul Solman, www.pbs.org. October 30, 2014.

• I really think that people have to think safety; taking risks for higher yield is a bad idea once you're in late or latish middle age.

  Paul Krugman

  Thinking, Yield, Ideas

  "Ask the Author Live: Larissa MacFarquhar with Paul Krugman". Live chat, www.newyorker.com. February 19, 2010.

• I'm especially baffled by the idea of taking insurance against a U.S. default. If America defaults, we're talking about a chaotic world - Mad Max, more or less - in which case, who imagines that insurance claims will be honored?

  Paul Krugman

  Talking, Ideas, America

  "Ask the Author Live: Larissa MacFarquhar with Paul Krugman". Live chat, www.newyorker.com. February 19, 2010.

• Tax cuts were not going to be effective at creating jobs, and the job creation record is lousy.

  Paul Krugman

  Jobs, Cutting, Creating

  "NBC's Russert Refs Debate Between Bill and Krugman". "The O'Reilly Factor", www.foxnews.com. August 10, 2004.

• There's nothing magic about spending on tanks and bombs rather than roads and bridges.

  Paul Krugman

  Bridges, Magic, Tanks

  "Nobel Laureate Paul Krugman on the Economy". Live chat, www.washingtonpost.com. December 15, 2008.

• I don't want a job in the administration; I think I'm more effective carping from the sidelines.

  Paul Krugman

  Jobs, Thinking, Want

  "Nobel Laureate Paul Krugman on the Economy". www.washingtonpost.com. December 15, 2008.

• What the Depression teaches us is that when the economy is so depressed that even a zero interest rate isn't low enough, you have to put conventional notions of prudence and sound policy aside.

  Paul Krugman

  Zero, Sound, Enough

  "Nobel Laureate Paul Krugman on the Economy". Live chat, www.washingtonpost.com. December 15, 2008.

• The world economy is in a nosedive, and understanding what I call "depression economics" - the weird world you get into when even a zero interest rate isn't low enough, and a messed-up financial system is dragging down the real economy - is essential if we're going to avoid the worst.

  Paul Krugman

  Zero, Real, Understanding

  "Nobel Laureate Paul Krugman on the Economy". Live chat, www.washingtonpost.com. December 15, 2008.