---
title: "175 Paul Krugman Quotes - Famous Columnist (ARGUING WITH ZOMBIES)"
description: "Paul Krugman quotes about economic myths, inequality, and politics vs truth."
image: "https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b056/author-paul-krugman-2255.jpg"
---

![Portrait of Paul Krugman](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b056/author-paul-krugman-2255.jpg)

# Paul Krugman

(1953)   Columnist

 **175** quotes in **1168** categories

Paul Krugman questions common ideas about the economy, like the fear of runaway inflation and the claim that the internet will soon seem old. He points out that the rich often have more influence and that politics decides power more than truth. The quotes mix skepticism, inequality, and the limits of expertise.

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Paul Krugman is a columnist, best known for *ARGUING WITH ZOMBIES*.

## Quick Facts About Paul Krugman

Born February 28, 1953

Profession Columnist

Notable works ARGUING WITH ZOMBIES

## About Paul Krugman

His full name is Paul Robin Krugman, and he holds the title of Distinguished Professor of Economics at the Graduate Center of the City University of New York. The Nobel Committee highlighted his research on how economies of scale and consumer preferences shape international trade patterns and where economic activity is located.

##  Quotes by Paul Krugman

> [Evidence and expertise have a well-known liberal bias.](https://sms4smile.com/quotes/paul-krugman/evidence-and-expertise-have-a-well-known-liberal-bias/)

[Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/)

[Bias](https://sms4smile.com/quotes/about/bias/)

[Image](https://sms4smile.com/quotes/i/3ac/paul-krugman-2255_bias_evidence-and-expertise-have-a-well-known_854220.png)

> [I think Stockman is an interesting sort of amalgam.](https://sms4smile.com/quotes/paul-krugman/i-think-stockman-is-an-interesting-sort-of-amalgam/)

[Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/)

[Image](https://sms4smile.com/quotes/i/3cf/paul-krugman-2255_interesting_i-think-stockman-is-an-interesting-sort_1593773.png)

> [The party of ideas has become the party of Beavis and Butthead.](https://sms4smile.com/quotes/paul-krugman/the-party-of-ideas-has-become-the-party-of-beavis-and-butthead/)

[Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/)

[Image](https://sms4smile.com/quotes/i/969/paul-krugman-2255_beavis_the-party-of-ideas-has-become-the-party_2450547.png)

> [Simple doesn't mean stupid. Thinking that it does, does.](https://sms4smile.com/quotes/paul-krugman/simple-doesn-t-mean-stupid-thinking-that-it-does-does/)

[Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/)

[Image](https://sms4smile.com/quotes/i/01a/paul-krugman-2255_doe_simple-doesn-t-mean-stupid-thinking-that_2768345.png)

> [Default is not in our stars, but in ourselves.](https://sms4smile.com/quotes/paul-krugman/default-is-not-in-our-stars-but-in-ourselves/)

[Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/)

[Astrology](https://sms4smile.com/quotes/about/astrology/)

[Image](https://sms4smile.com/quotes/i/59c/paul-krugman-2255_astrology_default-is-not-in-our-stars-but-in-ourse_2742033.png)

> [“Programmers have a saying: "garbage in, garbage out.”](https://sms4smile.com/quotes/paul-krugman/programmers-have-a-saying-garbage-in-garbage-out/)

[Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/)

[Economics](https://sms4smile.com/quotes/about/economics/)

[Image](https://sms4smile.com/quotes/i/aeb/paul-krugman-2255_economics_programmers-have-a-saying-garbage-in-gar_2534699.png)

> [Politics determines who has the power, not who has the truth.](https://sms4smile.com/quotes/paul-krugman/politics-determines-who-has-the-power-not-who-has-the-truth/)

[Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/)

[Image](https://sms4smile.com/quotes/i/60a/paul-krugman-2255_determine_politics-determines-who-has-the-power-no_77049.png)

> [Economics is not a morality play.](https://sms4smile.com/quotes/paul-krugman/economics-is-not-a-morality-play/)

[Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/)

[Character](https://sms4smile.com/quotes/about/character/)

[Image](https://sms4smile.com/quotes/i/8c7/paul-krugman-2255_character_economics-is-not-a-morality-play-2899376_2899376.png)

> [The science fiction world has a lot of people doing seriously imaginative thinking.](https://sms4smile.com/quotes/paul-krugman/the-science-fiction-world-has-a-lot-of-people-doing-seriously/)

[Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/)

[Creativity](https://sms4smile.com/quotes/about/creativity/)

[Image](https://sms4smile.com/quotes/i/863/paul-krugman-2255_creativity_the-science-fiction-world-has-a-lot-of-p_255317.png)

> [I have friends, political scientists, sociologists, who all share an interest at least in certain kinds of science fiction.](https://sms4smile.com/quotes/paul-krugman/i-have-friends-political-scientists-sociologists-who-all-share-an/)

[Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/)

[Image](https://sms4smile.com/quotes/i/f89/paul-krugman-2255_certain_i-have-friends-political-scientists-soci_1189281.jpg)

> [Economists don't usually make good speculators, because they think too much.](https://sms4smile.com/quotes/paul-krugman/economists-don-t-usually-make-good-speculators-because-they-think-too/)

[Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/)

[Economics](https://sms4smile.com/quotes/about/economics/)

[Image](https://sms4smile.com/quotes/i/95e/paul-krugman-2255_economics_economists-don-t-usually-make-good-specu_2264810.png)

> [Tax cuts were not going to be effective at creating jobs, and the job creation record is lousy.](https://sms4smile.com/quotes/paul-krugman/tax-cuts-were-not-going-to-be-effective-at-creating-jobs-and-the-job/)

[Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/)

[Creating](https://sms4smile.com/quotes/about/creating/)

[Image](https://sms4smile.com/quotes/i/79e/paul-krugman-2255_creating_tax-cuts-were-not-going-to-be-effective_259626.png)

> [The trouble with poverty, as an issue, is that it has basically exhausted the patience of the general public.](https://sms4smile.com/quotes/paul-krugman/the-trouble-with-poverty-as-an-issue-is-that-it-has-basically/)

[Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/)

[Image](https://sms4smile.com/quotes/i/fb0/paul-krugman-2255_exhausted_the-trouble-with-poverty-as-an-issue-is_3182566.jpg)

> [“The rich are different from you and me: they have more influence.”](https://sms4smile.com/quotes/paul-krugman/the-rich-are-different-from-you-and-me-they-have-more-influence/)

[Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/)

[Image](https://sms4smile.com/quotes/i/a66/paul-krugman-2255_different_the-rich-are-different-from-you-and-me-t_33019.png)

> [We should try to create the society each of us would want if we didn't know in advance who we'd be.](https://sms4smile.com/quotes/paul-krugman/we-should-try-to-create-the-society-each-of-us-would-want-if-we-didn/)

[Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/)

[Community](https://sms4smile.com/quotes/about/community/)

[Image](https://sms4smile.com/quotes/i/2c5/paul-krugman-2255_community_we-should-try-to-create-the-society-each_2640958.png)

> [The federal government is basically an insurance company with an army.](https://sms4smile.com/quotes/paul-krugman/the-federal-government-is-basically-an-insurance-company-with-an-army/)

[Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/)

[Army](https://sms4smile.com/quotes/about/army/)

[Image](https://sms4smile.com/quotes/i/924/paul-krugman-2255_army_the-federal-government-is-basically-an-i_3160165.png)

> [In fact, I'd say that the sources of the economy's expansion from 2003 to 2007 were, in order, the housing bubble, the…](https://sms4smile.com/quotes/paul-krugman/in-fact-i-d-say-that-the-sources-of-the-economy-s-expansion-from-2003/)

[Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/)

[Image](https://sms4smile.com/quotes/i/c60/paul-krugman-2255_bubbles_in-fact-i-d-say-that-the-sources-of-the_2255432.png)

> [What our economy needs is direct job creation by the government and mortgage-debt relief for stressed consumers. What it very much does…](https://sms4smile.com/quotes/paul-krugman/what-our-economy-needs-is-direct-job-creation-by-the-government-and/)

[Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/)

[Image](https://sms4smile.com/quotes/i/a54/paul-krugman-2255_billions_what-our-economy-needs-is-direct-job-cre_2443270.png)

> [If Europe’s example is any guide, here are the two secrets of coping with expensive oil: own fuel-efficient cars, and don’t drive…](https://sms4smile.com/quotes/paul-krugman/if-europe-s-example-is-any-guide-here-are-the-two-secrets-of-coping/)

[Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/)

[Image](https://sms4smile.com/quotes/i/11d/paul-krugman-2255_car_if-europe-s-example-is-any-guide-here-ar_1908009.jpg)

> [Wealthy Americans who benefit hugely from a system rigged in their favor react with hysteria to anyone who points out just how…](https://sms4smile.com/quotes/paul-krugman/wealthy-americans-who-benefit-hugely-from-a-system-rigged-in-their/)

[Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/)

[Image](https://sms4smile.com/quotes/i/13b/paul-krugman-2255_benefits_wealthy-americans-who-benefit-hugely-fro_509997.png)

> [People who are complaining about the Fed are people who've been predicting runaway inflation for five and six years, and it hasn't…](https://sms4smile.com/quotes/paul-krugman/people-who-are-complaining-about-the-fed-are-people-who-ve-been/)

[Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/)

[Image](https://sms4smile.com/quotes/i/4e5/paul-krugman-2255_complaining_people-who-are-complaining-about-the-fed_5390.png)

> [By rescuing the financial system without reforming it, Washington has done nothing to protect us from a new crisis, and, in fact,…](https://sms4smile.com/quotes/paul-krugman/by-rescuing-the-financial-system-without-reforming-it-washington-has/)

[Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/)

[Crisis](https://sms4smile.com/quotes/about/crisis/)

[Image](https://sms4smile.com/quotes/i/eac/paul-krugman-2255_crisis_by-rescuing-the-financial-system-without_1750275.png)

> [Every once in a while I feel despair over the fate of the planet. If you've been following climate science, you know…](https://sms4smile.com/quotes/paul-krugman/every-once-in-a-while-i-feel-despair-over-the-fate-of-the-planet-if/)

[Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/)

[Image](https://sms4smile.com/quotes/i/af2/paul-krugman-2255_avert_every-once-in-a-while-i-feel-despair-ove_537896.png)

> [So what are the effects of increasing minimum wages? Any Econ 101 student can tell you the answer: The higher wage reduces…](https://sms4smile.com/quotes/paul-krugman/so-what-are-the-effects-of-increasing-minimum-wages-any-econ-101/)

[Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/)

[Image](https://sms4smile.com/quotes/i/570/paul-krugman-2255_answers_so-what-are-the-effects-of-increasing-mi_256719.png)

> [Governments do not necessarily act in the national interest, especially when making detailed microeconomic interventions. Instead, they are influenced by interest group…](https://sms4smile.com/quotes/paul-krugman/governments-do-not-necessarily-act-in-the-national-interest/)

[Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/)

[Image](https://sms4smile.com/quotes/i/6bb/paul-krugman-2255_amount_governments-do-not-necessarily-act-in-th_2406433.png)

> [It should be possible to emphasize to students that the level of employment is a macroeconomic issue, depending in the short run…](https://sms4smile.com/quotes/paul-krugman/it-should-be-possible-to-emphasize-to-students-that-the-level-of/)

[Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/)

[Demand](https://sms4smile.com/quotes/about/demand/)

[Image](https://sms4smile.com/quotes/i/2c4/paul-krugman-2255_demand_it-should-be-possible-to-emphasize-to-st_462476.png)

> [I know that when I look at today’s Mexicans and Central Americans, they seem to me fundamentally the same as my grandparents…](https://sms4smile.com/quotes/paul-krugman/i-know-that-when-i-look-at-today-s-mexicans-and-central-americans/)

[Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/)

[Image](https://sms4smile.com/quotes/i/462/paul-krugman-2255_agonizing_i-know-that-when-i-look-at-today-s-mexic_1499204.jpg)

> [To the extent that sacrifices need to be made, shouldn't the people who've made out like bandits this past generation be first…](https://sms4smile.com/quotes/paul-krugman/to-the-extent-that-sacrifices-need-to-be-made-shouldn-t-the-people/)

[Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/)

[Image](https://sms4smile.com/quotes/i/a7e/paul-krugman-2255_bandits_to-the-extent-that-sacrifices-need-to-be_371696.png)

> [Something terrible has happened to the soul of the Republican Party. We've gone from bad economic doctrine. We've even gone beyond selfishness…](https://sms4smile.com/quotes/paul-krugman/something-terrible-has-happened-to-the-soul-of-the-republican-party/)

[Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/)

[Doctrine](https://sms4smile.com/quotes/about/doctrine/)

[Image](https://sms4smile.com/quotes/i/256/paul-krugman-2255_doctrine_something-terrible-has-happened-to-the-s_816492.png)

> [We're living in a Dark Age of macroeconomics. Remember, what defined the Dark Ages wasn’t the fact that they were primitive —…](https://sms4smile.com/quotes/paul-krugman/we-re-living-in-a-dark-age-of-macroeconomics-remember-what-defined/)

[Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/)

[Age](https://sms4smile.com/quotes/about/age/)

[Image](https://sms4smile.com/quotes/i/1c9/paul-krugman-2255_age_we-re-living-in-a-dark-age-of-macroecono_536678.jpg)

> [If we discovered that, you know, space aliens were planning to attack and we needed a massive buildup to counter the space…](https://sms4smile.com/quotes/paul-krugman/if-we-discovered-that-you-know-space-aliens-were-planning-to-attack/)

[Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/)

[Image](https://sms4smile.com/quotes/i/beb/paul-krugman-2255_achieve_if-we-discovered-that-you-know-space-ali_1049358.jpg)

> [The raw fact is that every successful example of economic development this past century – every case of a poor nation that…](https://sms4smile.com/quotes/paul-krugman/the-raw-fact-is-that-every-successful-example-of-economic-development-2/)

[Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/)

[Image](https://sms4smile.com/quotes/i/242/paul-krugman-2255_cases_the-raw-fact-is-that-every-successful-ex_1747399.jpg)

> [“The media are desperately afraid of being accused of bias. And that's partly because there's a whole machine out there, an organized…](https://sms4smile.com/quotes/paul-krugman/the-media-are-desperately-afraid-of-being-accused-of-bias-and-that-s/)

[Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/)

[Bias](https://sms4smile.com/quotes/about/bias/)

[Image](https://sms4smile.com/quotes/i/6a8/paul-krugman-2255_bias_the-media-are-desperately-afraid-of-bein_3039883.png)

> [What happened after 9/11 - and I think even people on the right know this, whether they admit it or not -…](https://sms4smile.com/quotes/paul-krugman/what-happened-after-9-11-and-i-think-even-people-on-the-right-know/)

[Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/)

[Atrocities](https://sms4smile.com/quotes/about/atrocities/)

[Image](https://sms4smile.com/quotes/i/013/paul-krugman-2255_atrocities_what-happened-after-9-11-and-i-think-eve_1556067.png)

> [...academic credentials are neither a necessary nor a sufficient condition for having your ideas taken seriously. If a famous professor repeatedly says…](https://sms4smile.com/quotes/paul-krugman/academic-credentials-are-neither-a-necessary-nor-a-sufficient/)

[Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/)

[Academic](https://sms4smile.com/quotes/about/academic/)

[Image](https://sms4smile.com/quotes/i/86d/paul-krugman-2255_academic_academic-credentials-are-neither-a-neces_128659.jpg)

> [“It was only with the crisis that debt soared. Yet many Europeans in key positions - especially politicians and officials in Germany,…](https://sms4smile.com/quotes/paul-krugman/it-was-only-with-the-crisis-that-debt-soared-yet-many-europeans-in/)

[Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/)

[Central bank](https://sms4smile.com/quotes/about/central-bank/)

[Image](https://sms4smile.com/quotes/i/22a/paul-krugman-2255_central-bank_it-was-only-with-the-crisis-that-debt-so_652638.jpg)

> [“These are tough times for state governments. Huge deficits loom almost everywhere, from California to New York, from New Jersey to Texas.…](https://sms4smile.com/quotes/paul-krugman/these-are-tough-times-for-state-governments-huge-deficits-loom-almost/)

[Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/)

[Image](https://sms4smile.com/quotes/i/206/paul-krugman-2255_2010_these-are-tough-times-for-state-governme_716537.png)

> [“As long as there are no routes back to full employment except that of somehow restoring business confidence, he pointed out, business…](https://sms4smile.com/quotes/paul-krugman/as-long-as-there-are-no-routes-back-to-full-employment-except-that-of/)

[Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/)

[Business](https://sms4smile.com/quotes/about/business/)

[Image](https://sms4smile.com/quotes/i/828/paul-krugman-2255_business_as-long-as-there-are-no-routes-back-to-f_1066130.png)

> [“The appeal to the intellectually insecure is also more important than it might seem. Because economics touches so much of life, everyone…](https://sms4smile.com/quotes/paul-krugman/the-appeal-to-the-intellectually-insecure-is-also-more-important-than/)

[Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/)

[Economics](https://sms4smile.com/quotes/about/economics/)

[Image](https://sms4smile.com/quotes/i/8b8/paul-krugman-2255_economics_the-appeal-to-the-intellectually-insecur_1965249.png)

> [In short, what the living wage is really about is not living standards, or even economics, but morality. Its advocates are basically…](https://sms4smile.com/quotes/paul-krugman/in-short-what-the-living-wage-is-really-about-is-not-living-standards/)

[Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/)

[Amorality](https://sms4smile.com/quotes/about/amorality/)

[Image](https://sms4smile.com/quotes/i/0f4/paul-krugman-2255_amorality_in-short-what-the-living-wage-is-really_1234573.png)

## Paul Krugman by topic

[Economics (37)](https://sms4smile.com/quotes/about/economics/paul-krugman/) [People (29)](https://sms4smile.com/quotes/about/people/paul-krugman/) [Politics (20)](https://sms4smile.com/quotes/about/politics/paul-krugman/) [Customer (20)](https://sms4smile.com/quotes/about/customer/paul-krugman/) [Political (19)](https://sms4smile.com/quotes/about/political/paul-krugman/) [Economy (19)](https://sms4smile.com/quotes/about/economy/paul-krugman/) [Thinking (15)](https://sms4smile.com/quotes/about/thinking/paul-krugman/) [World (14)](https://sms4smile.com/quotes/about/world/paul-krugman/) [Ideas (12)](https://sms4smile.com/quotes/about/ideas/paul-krugman/) [Facts (12)](https://sms4smile.com/quotes/about/facts/paul-krugman/) [America (12)](https://sms4smile.com/quotes/about/america/paul-krugman/) [Taxes (11)](https://sms4smile.com/quotes/about/taxes/paul-krugman/) [Money (11)](https://sms4smile.com/quotes/about/money/paul-krugman/) [Investing (11)](https://sms4smile.com/quotes/about/investing/paul-krugman/)

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                        "text": "If Europe’s example is any guide, here are the two secrets of coping with expensive oil: own fuel-efficient cars, and don’t drive them too much.",
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                        "text": "Wealthy Americans who benefit hugely from a system rigged in their favor react with hysteria to anyone who points out just how rigged the system is.",
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                        "text": "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.",
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                        "text": "Every once in a while I feel despair over the fate of the planet. If you've been following climate science, you know what I mean: the sense that we're hurtling toward catastrophe but nobody wants to hear about it or do anything to avert it.",
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                        "text": "So what are the effects of increasing minimum wages? Any Econ 101 student can tell you the answer: The higher wage reduces the quantity of labor demanded, and hence leads to unemployment.",
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                        "text": "Governments do not necessarily act in the national interest, especially when making detailed microeconomic interventions. Instead, they are influenced by interest group pressures. The kinds of interventions that new trade theory suggests can raise national income will typically raise the welfare of small, fortunate groups by large amounts, while imposing costs on larger, more diffuse groups.",
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                        "text": "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 terms of phoney numbers about jobs created or lost.",
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                        "text": "I know that when I look at today’s Mexicans and Central Americans, they seem to me fundamentally the same as my grandparents seeking a better life in America. On the other side, however, open immigration can’t coexist with a strong social safety net; if you’re going to assure health care and a decent income to everyone, you can’t make that offer global. So Democrats have mixed feelings about immigration; in fact, it’s an agonizing issue.",
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                        "text": "To the extent that sacrifices need to be made, shouldn't the people who've made out like bandits this past generation be first in line? The problem with getting out of the slump is that we need to spend more. It's not that somebody needs to spend less. We have idle workers who have the skills and the willingness to work. We have idle factories. Dealing with this is not about saying somebody needs to suffer. It's saying that we need to be prepared to open the taps.",
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                        "text": "Something terrible has happened to the soul of the Republican Party. We've gone from bad economic doctrine. We've even gone beyond selfishness and special interests. At this point we're talking about a state of mind that takes positive glee in inflicting further suffering upon the already miserable.",
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                        "text": "We're living in a Dark Age of macroeconomics. Remember, what defined the Dark Ages wasn’t the fact that they were primitive — the Bronze Age was primitive, too. What made the Dark Ages dark was the fact that so much knowledge had been lost, that so much known to the Greeks and Romans had been forgotten by the barbarian kingdoms that followed.",
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                        "text": "If we discovered that, you know, space aliens were planning to attack and we needed a massive buildup to counter the space alien threat and really inflation and budget deficits took secondary place to that, this slump would be over in 18 months. ... There was a Twilight Zone episode like this in which scientists fake an alien threat in order to achieve world peace. Well, this time, we don't need it, we need it in order to get some fiscal stimulus.",
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                        "text": "The raw fact is that every successful example of economic development this past century – every case of a poor nation that worked its way up to a more or less decent, or at least dramatically better, standard of living – has taken place via globalization, that is, by producing for the world market rather than trying for self-sufficiency.",
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                        "text": "“The media are desperately afraid of being accused of bias. And that's partly because there's a whole machine out there, an organized attempt to accuse them of bias whenever they say anything that the Right doesn't like. So rather than really try to report things objectively, they settle for being even-handed, which is not the same thing. One of my lines in a column—in which a number of people thought I was insulting them personally—was that if Bush said the Earth was flat, the mainstream media would have stories with the headline: 'Shape of Earth—Views Differ.' Then they'd quote some Democrats saying that it was round.”",
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                        "text": "What happened after 9/11 - and I think even people on the right know this, whether they admit it or not - was deeply shameful. The atrocity should have been a unifying event, but instead it became a wedge issue. Fake heroes like Bernie Kerik, Rudy Giuliani, and, yes, George W. Bush raced to cash in on the horror. And then the attack was used to justify an unrelated war the neocons wanted to fight, for all the wrong reasons…The memory of 9/11 has been irrevocably poisoned; it has become an occasion for shame. And in its heart, the nation knows it.",
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                        "text": "...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 formal credentials consistently makes trenchant, insightful observations, he or she has earned the right to be taken seriously, regardless of background.",
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                        "text": "“It was only with the crisis that debt soared. Yet many Europeans in key positions - especially politicians and officials in Germany, but also the leadership of the European Central Bank and opinion leaders throughout the world of finance and banking - are deeply committed to the Big Delusion, and no amount of contrary evidence will shake them. As a result, the problem of dealing with the crisis is often couched in moral terms: nations are in trouble because they have sinned, and they must redeem themselves through suffering. And that's a very bad way to approach the actual problems Europe faces.”",
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                        "text": "“These are tough times for state governments. Huge deficits loom almost everywhere, from California to New York, from New Jersey to Texas. Wait—Texas? Wasn't Texas supposed to be thriving even as the rest of America suffered? Didn't its governor declare, during his re-election campaign, that 'we have billions in surplus'? Yes, it was, and yes, he did. But reality has now intruded, in the form of a deficit expected to run as high as $25 billion over the next two years. And that reality has implications for the nation as a whole. For Texas is where the modern conservative theory of budgeting—the belief that you should never raise taxes under any circumstances, that you can always balance the budget by cutting wasteful spending—has been implemented most completely. If the theory can't make it there, it can't make it anywhere.”",
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                        "text": "“As long as there are no routes back to full employment except that of somehow restoring business confidence, he pointed out, business lobbies in effect have veto power over government actions: propose doing anything they dislike, such as raising taxes or enhancing workers' bargaining power, and they can issue dire warnings that this will reduce confidence and plunge the nation into depression. But let monetary and fiscal policy be deployed to fight unemployment, and suddenly business confidence becomes less necessary, and the need to cater to capitalists' concern is much reduced.”",
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                        "text": "“The appeal to the intellectually insecure is also more important than it might seem. Because economics touches so much of life, everyone wants to have an opinion. Yet the kind of economics covered in the textbooks is a technical subject that many people find hard to follow. How reassuring, then, to be told that it is all irrelevant -- that all you really need to know are a few simple ideas! Quite a few supply-siders have created for themselves a wonderful alternative intellectual history in which John Maynard Keynes was a fraud, Paul Samuelson and even Milton Friedman are fools, and the true line of deep economic thought runs from Adam Smith through obscure turn-of-the-century Austrians straight to them.”",
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                        "text": "In short, what the living wage is really about is not living standards, or even economics, but morality. Its advocates are basically opposed to the idea that wages are a market price-determined by supply and demand, the same as the price of apples or coal. And it is for that reason, rather than the practical details, that the broader political movement of which the demand for a living wage is the leading edge is ultimately doomed to failure: For the amorality of the market economy is part of its essence, and cannot be legislated away.",
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