Paul Krugman Quotes - Page 3

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• The problem with digital books is that you can always find what you are looking for but you need to go to a bookstore to find what you weren't looking for.

  Paul Krugman

  Book, Needs, Digital

  "Paul Krugman: Economist and sci-fi buff". Interview with Amy Sutherland, www.bostonglobe.com. May 06, 2012.

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• Coming up with a good idea, with an insight into the way the world works that is really new and that you really believe in, is a deeply satisfying experience.

  Paul Krugman

  Believe, Ideas, World

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• Governments do not necessarily act in the national interest, especially when making detailed microeconomic interventions. Instead, they are influenced by interest group pressures. The kinds of interventions that new trade theory suggests can raise national income will typically raise the welfare of small, fortunate groups by large amounts, while imposing costs on larger, more diffuse groups.

  Paul Krugman

  Philosophy, Government, Political

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• [T]he next time you hear serious-sounding people explaining the need for fiscal austerity, try to parse their argument. Almost surely, you'll discover that what sounds like hardheaded realism actually rests on a foundation of fantasy, on the belief that invisible vigilantes will punish us if we're bad and the confidence fairy will reward us if we're good. And real-world policy - policy that will blight the lives of millions of working families - is being built on that foundation.

  Paul Krugman

  Real, People, Trying

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• The fact is that the two years or so after 9/11 were a terrible time in America – a time of political exploitation and intimidation, culminating in the deliberate misleading of the nation into the invasion of Iraq. It’s probably worth pointing out that I’m not saying anything now that I wasn’t saying in real time back then, when Bush had a sky-high approval rating and any criticism was denounced as treason. And there’s nothing I’ve done in my life of which I’m more proud.

  Paul Krugman

  Real, Approval Rating, Years

  "More About the 9/11 Anniversary". krugman.blogs.nytimes.com. September 12, 2011.

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• [I]f you look at United States history since World War II, you find that of the 10 presidents who preceded Barack Obama, seven left office with a debt ratio lower than when they came in. Who were the three exceptions? Ronald Reagan and the two George Bushes.

  Paul Krugman

  War, Two, Office

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• 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

  Funny, Technology, Iphone

  "Paul Krugman: Believe In The iPhone Stimulus? Then Believe In Government Spending" by Paul Krugman, www.huffingtonpost.com. September 14, 2012.

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• What Republicans have actually put on the table is almost nothing. All of the rest is just big talk. So how is the president supposed to negotiate with people who say, 'Here's my demands. By the way, I can't give you any specifics. Just make me happy'?

  Paul Krugman

  People, Giving, President

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• we should reject the attempt to divert the national conversation away from soaring inequality toward the alleged moral failings of those Americans being left behind. Traditional values aren't as crucial as social conservatives would have you believe — and, in any case, the social changes taking place in America's working class are overwhelmingly the consequence of sharply rising inequality, not its cause.

  Paul Krugman

  Believe, Class, America

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• There has been plenty to criticize about President Obama’s handling of the economy. Yet the overriding story of the past few years is not Mr. Obama’s mistakes but the scorched-earth opposition of Republicans, who have done everything they can to get in his way - and who now, having blocked the president’s policies, hope to win the White House by claiming that his policies have failed.

  Paul Krugman

  Mistake, Past, Winning

  "Debt, Depression, DeMarco" by Paul Krugman, www.huffingtonpost.com. August 3, 2012.

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• [D]ebt increases that didn't arise either from war or from extraordinary financial crisis are entirely associated with hard-line conservative governments.

  Paul Krugman

  War, Government, Lines

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• The public has no idea that the deficit has been falling like a stone.

  Paul Krugman

  Fall, Ideas, Stones

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• America's political landscape is infested with many zombie ideas - beliefs about policy that have been repeatedly refuted with evidence and analysis but refuse to die. The most prominent zombie is the insistence that low taxes on rich people are the key to prosperity.

  Paul Krugman

  Ideas, America, Keys

  "Life, Death and Deficits" by Paul Krugman, www.nytimes.com. November 15, 2012.

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• Every once in a while I feel despair over the fate of the planet. If you’ve been following climate science, you know what I mean: the sense that we’re hurtling toward catastrophe but nobody wants to hear about it or do anything to avert it.

  Paul Krugman

  Mean, Fate, Despair

  "Cassandras of Climate". www.nytimes.com. September 27, 2009.

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• 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

  Years, Sept 11, Enron

  "The Great Divide". www.nytimes.com. January 29, 2002.

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• Close the weak banks and impose serious capital requirements on the strong ones...You see, it may sound hard-hearted, but you cannot keep unsound financial institutions operating simply because they provide jobs.

  Paul Krugman

  Strong, Jobs, Philosophy

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• 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.

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• This is a serious analysis of a ridiculous subject, which is of course the opposite of what is usual in economics.

  Paul Krugman

  Opposites, Usual, Analysis

  "The Economist", October 26, 2013.

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• Evidence and expertise have a well-known liberal bias.

  Paul Krugman

  Well Known, Evidence, Bias

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• Not all private equity people are evil. Only some.

  Paul Krugman

  People, Evil, Equity

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• Bad ideas flourish because they are in the interest of powerful groups.

  Paul Krugman

  Powerful, Ideas, Groups

  "The people always pay" by Noam Chomsky, www.theguardian.com. January 21, 1999.

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• The habit of disguising ideology as expertise has created a deficit of legitimacy.

  Paul Krugman

  Habit, Legitimacy, Deficit

  "Crisis of the Eurocrats" by Paul Krugman, www.nytimes.com. May 22, 2014.

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• Can we break the machine that is imposing right-wing radicalism on the United States? The scariest part is that the media is part of that machine.

  Paul Krugman

  Media, Wings, United States

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• 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

  Different, Stories, Scandal

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• Default is not in our stars, but in ourselves.

  Paul Krugman

  Stars, Good Luck, Astrology

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