Tax cuts were not going to be effective at creating jobs, and the job creation record is lousy. — Paul Krugman Copy Share Image
“These are tough times for state governments. Huge deficits loom almost everywhere, from California to New York, from New Jersey to Texas.… — Paul Krugman Copy Share Image
America's political landscape is infested with many zombie ideas - beliefs about policy that have been repeatedly refuted with evidence and analysis… — Paul Krugman Copy Share Image
It has been obvious all along, to anyone paying attention, that the politicians shouting loudest about deficits are actually using deficit hysteria… — Paul Krugman Copy Share Image
For decades the G.O.P. has won elections by appealing to social and racial divisions, only to turn after each victory to deregulation… — Paul Krugman Copy Share Image
Some years down the pike, we're going to get the real solution, which is going to be a combination of death panels… — 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
Political figures who talk a lot about liberty and freedom invariably turn out to mean the freedom to not pay taxes and… — 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
Raising the minimum wage and lowering the barriers to union organization would carry a trade-off - higher unemployment. A better idea is… — Paul Krugman Copy Share Image
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
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,… — Paul Krugman Copy Share Image
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