Economists don't usually make good speculators, because they think too much. — Paul Krugman Copy Share Image
The economics profession went astray because economists, as a group, mistook beauty, clad in impressive-looking mathematics, for truth. — Paul Krugman Copy Share Image
Unsustainable situations usually go on longer than most economists think possible. But they always end, and when they do, it's often painful. — Paul Krugman Copy Share Image
Sometimes economists in official positions give bad advice; sometimes they give very, very bad advice; and sometimes they work at the OECD. — Paul Krugman Copy Share Image
If you are a good economist, a virtuous economist, you are reborn as a physicist. But if you are an evil, wicked… — Paul Krugman Copy Share Image
However, the fact that an economist offers a theoretical analysis does not and should not automatically command respect. What is needed is… — Paul Krugman Copy Share Image
Congress has always had a soft spot for "experts" who tell members what they want to hear, whether it's supply-side economists declaring… — Paul Krugman Copy Share Image
Our popular economics writers, however, are not in the business of giving their readers a ringside seat on the research action; with… — Paul Krugman Copy Share Image
Until the Great Depression, most economists clung to a vision of capitalism as a perfect or nearly perfect system. That vision wasn’t… — Paul Krugman Copy Share Image
These days, however, the main problem comes from the right - from conservatives who, unlike most economists, really do think that the… — Paul Krugman Copy Share Image
“Economics is really about two stories. One is the story of the old economist and younger economist walking down the street, and… — Paul Krugman Copy Share Image
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 Copy Share
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… — Paul Krugman Copy Share
“The Internet’s impact on the economy has been no greater than the fax machine’s….ten years from now, the phrase “information economy” will sound silly.… — Paul Krugman Copy Share
You really have to go searching desperately to find any contemporary examples of good, old-fashioned runaway inflation. — Paul Krugman Copy Share
However, the fact that an economist offers a theoretical analysis does not and should not automatically command respect. What is needed is some assurance… — Paul Krugman Copy Share
The key reason executives are paid so much now is that they appoint the members of the corporate board that determines their compensation and… — Paul Krugman Copy Share
I've always believed in expansionary monetary policy and if necessary fiscal policy when the economy is depressed. — Paul Krugman Copy Share
...academic credentials are neither a necessary nor a sufficient condition for having your ideas taken seriously. If a famous professor repeatedly says stupid things,… — Paul Krugman Copy Share
It’s not about the budget; it’s about the power...So will the attack on unions succeed? I don’t know. But anyone who cares about retaining… — Paul Krugman Copy Share
When stock prices are rising, it's called ''momentum investing''; when they are falling, it's called ''panic.'' — Paul Krugman Copy Share
I don't want a job in the administration; I think I'm more effective carping from the sidelines. — Paul Krugman Copy Share
Under the gold standard America had no major financial panics other than in 1873, 1884, 1890, 1893, 1907, 1930, 1931, 1932, and 1933. — Paul Krugman Copy Share
