I don't want a job in the administration; I think I'm more effective carping from the sidelines. — Paul Krugman Copy Share Image
Tax cuts were not going to be effective at creating jobs, and the job creation record is lousy. — Paul Krugman Copy Share Image
People respond to incentives. If unemployment becomes more attractive because of the unemployment benefit, some unemployed workers may no longer try to… — Paul Krugman Copy Share Image
It should be possible to emphasize to students that the level of employment is a macroeconomic issue, depending in the short run on aggregate demand and depending in the long run on the natural rate of unemployment, with microeconomic policies like tariffs having little net effect. Trade policy should be debated in terms of its impact on efficiency, not in… — Paul Krugman Copy Share
There is no economic policy. That's really important to say. The general modus operandi of the Bushies is that they don't make… — Paul Krugman Copy Share Image
If you're doing your job right, some substantial group of people [is] going to be mad at you. — Paul Krugman Copy Share Image
Close the weak banks and impose serious capital requirements on the strong ones...You see, it may sound hard-hearted, but you cannot keep… — Paul Krugman Copy Share Image
What our economy needs is direct job creation by the government and mortgage-debt relief for stressed consumers. What it very much does… — 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 Image
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 Image
“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 Image
You really have to go searching desperately to find any contemporary examples of good, old-fashioned runaway inflation. — 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 some assurance… — Paul Krugman Copy Share Image
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 Image
I've always believed in expansionary monetary policy and if necessary fiscal policy when the economy is depressed. — Paul Krugman Copy Share Image
...academic credentials are neither a necessary nor a sufficient condition for having your ideas taken seriously. If a famous professor repeatedly says stupid things, then tries to claim he never said them, there's no rule against calling him a mendacious idiot - and no special qualifications required to make that pronouncement other than doing your own homework.Conversely, if someone without… — 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 Image