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 Image
There are no atheists in foxholes and there are no libertarians in financial crises. — Paul Krugman Copy Share Image
If you want to understand opposition to climate action, follow the money. — Paul Krugman Copy Share Image
Wealthy Americans who benefit hugely from a system rigged in their favor react with hysteria to anyone who points out just how… — 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
Asset bubbles have happened even without not-so-easy money. And, in a depressed economy, where alternative uses of money are not great, people… — Paul Krugman Copy Share Image
If you can create even the illusion of high profitability for a few years, then when the thing collapses you can walk… — Paul Krugman Copy Share Image
Seven habits that help produce the anything-but-efficient markets that rule the world. 1. Think short term. 2. Be greedy. 3. Believe in… — Paul Krugman Copy Share Image
The world economy is in a nosedive, and understanding what I call "depression economics" - the weird world you get into when… — Paul Krugman Copy Share Image
Wealthy individuals bought themselves a radical right party, believing - correctly - that it would cut their taxes and remove regulations, but… — 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
