In fact, I'd say that the sources of the economy's expansion from 2003 to 2007 were, in order, the housing bubble, the… — Paul Krugman Copy Share Image
By rescuing the financial system without reforming it, Washington has done nothing to protect us from a new crisis, and, in fact,… — 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
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 Copy Share Image
The raw fact is that every successful example of economic development this past century ... has taken place via globalization. — Paul Krugman Copy Share Image
I know that when I look at today’s Mexicans and Central Americans, they seem to me fundamentally the same as my grandparents… — Paul Krugman Copy Share Image
We're living in a Dark Age of macroeconomics. Remember, what defined the Dark Ages wasn’t the fact that they were primitive —… — Paul Krugman Copy Share Image
The raw fact is that every successful example of economic development this past century every case of a poor nation that… — Paul Krugman Copy Share Image
If you want a simple model for predicting the unemployment rate in the United States over the next few years, here it… — Paul Krugman Copy Share Image
Most people, I suspect, still have in their minds an image of America as the great land of college education, unique in… — Paul Krugman Copy Share Image
The fact is that the two years or so after 9/11 were a terrible time in America – a time of political… — Paul Krugman Copy Share Image
I've always believed that a speculative bubble need not lead to a recession, as long as interest rates are cut quickly enough… — 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
