---
title: "Best Paul Krugman Words"
description: "Paul Krugman is an American economist and professor at the City University of New York. He wrote a New York Times column from 2000 to 2024 and won the 2..."
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

Rate this collection:  ★ ★ ★ ★ ★   No ratings yet

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 · Page 5

> [When depression economics prevails, the usual rules of economic policy no longer apply: virtue becomes vice, caution is risky and prudence is…](https://sms4smile.com/quotes/paul-krugman/when-depression-economics-prevails-the-usual-rules-of-economic-policy/)

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

[Caution](https://sms4smile.com/quotes/about/caution/)

[Image](https://sms4smile.com/quotes/i/a34/paul-krugman-2255_caution_when-depression-economics-prevails-the-u_1967566.png)

> [The great thing about fiscal policy is that it has a direct impact and doesn't require you to bind the hands of…](https://sms4smile.com/quotes/paul-krugman/the-great-thing-about-fiscal-policy-is-that-it-has-a-direct-impact/)

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

[Direct](https://sms4smile.com/quotes/about/direct/)

[Image](https://sms4smile.com/quotes/i/dfe/paul-krugman-2255_direct_the-great-thing-about-fiscal-policy-is-t_2701245.png)

> [People respond to incentives. If unemployment becomes more attractive because of the unemployment benefit, some unemployed workers may no longer try to…](https://sms4smile.com/quotes/paul-krugman/people-respond-to-incentives-if-unemployment-becomes-more-attractive/)

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

[Attractive](https://sms4smile.com/quotes/about/attractive/)

[Image](https://sms4smile.com/quotes/i/ab3/paul-krugman-2255_attractive_people-respond-to-incentives-if-unemploy_274494.png)

> [ \[I\]f one asks what substantive contributions \[F. A. Hayek\] made to our understanding of how the world works, one is left at… ](https://sms4smile.com/quotes/paul-krugman/i-f-one-asks-what-substantive-contributions-f-a-hayek-made-to-our/)

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

[Asks](https://sms4smile.com/quotes/about/asks/)

[Image](https://sms4smile.com/quotes/i/6a3/paul-krugman-2255_asks_i-f-one-asks-what-substantive-contributi_770449.png)

> [I'm especially baffled by the idea of taking insurance against a U.S. default. If America defaults, we're talking about a chaotic world…](https://sms4smile.com/quotes/paul-krugman/i-m-especially-baffled-by-the-idea-of-taking-insurance-against-a-u-s/)

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

[America](https://sms4smile.com/quotes/about/america/)

[Image](https://sms4smile.com/quotes/i/872/paul-krugman-2255_america_i-m-especially-baffled-by-the-idea-of-ta_688880.png)

> [Whenever you see some business person quoted complaining about how he or she can't find workers with the necessary skills, ask what…](https://sms4smile.com/quotes/paul-krugman/whenever-you-see-some-business-person-quoted-complaining-about-how-he/)

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

[Asks](https://sms4smile.com/quotes/about/asks/)

[Image](https://sms4smile.com/quotes/i/f97/paul-krugman-2255_asks_whenever-you-see-some-business-person-qu_2142948.png)

> [There is no economic policy. That's really important to say. The general modus operandi of the Bushies is that they don't make…](https://sms4smile.com/quotes/paul-krugman/there-is-no-economic-policy-that-s-really-important-to-say-the/)

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

[Deals](https://sms4smile.com/quotes/about/deals/)

[Image](https://sms4smile.com/quotes/i/f84/paul-krugman-2255_deals_there-is-no-economic-policy-that-s-reall_1147045.png)

> [The key reason executives are paid so much now is that they appoint the members of the corporate board that determines their…](https://sms4smile.com/quotes/paul-krugman/the-key-reason-executives-are-paid-so-much-now-is-that-they-appoint/)

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

[Board members](https://sms4smile.com/quotes/about/board-members/)

[Image](https://sms4smile.com/quotes/i/a56/paul-krugman-2255_board-members_the-key-reason-executives-are-paid-so-mu_124873.png)

> [Now, it’s true that some of the protesters are oddly dressed or have silly-sounding slogans, which is inevitable given the open character…](https://sms4smile.com/quotes/paul-krugman/now-it-s-true-that-some-of-the-protesters-are-oddly-dressed-or-have/)

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

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

[Image](https://sms4smile.com/quotes/i/178/paul-krugman-2255_character_now-it-s-true-that-some-of-the-protester_1460450.jpg)

> [There has been plenty to criticize about President Obama’s handling of the economy. Yet the overriding story of the past few years…](https://sms4smile.com/quotes/paul-krugman/there-has-been-plenty-to-criticize-about-president-obama-s-handling/)

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

[Blocked](https://sms4smile.com/quotes/about/blocked/)

[Image](https://sms4smile.com/quotes/i/07d/paul-krugman-2255_blocked_there-has-been-plenty-to-criticize-about_2081211.png)

> [I've always believed that a speculative bubble need not lead to a recession, as long as interest rates are cut quickly enough…](https://sms4smile.com/quotes/paul-krugman/i-ve-always-believed-that-a-speculative-bubble-need-not-lead-to-a/)

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

[Alternatives](https://sms4smile.com/quotes/about/alternatives/)

[Image](https://sms4smile.com/quotes/i/23e/paul-krugman-2255_alternatives_i-ve-always-believed-that-a-speculative_1595485.png)

> [It has been obvious all along, to anyone paying attention, that the politicians shouting loudest about deficits are actually using deficit hysteria…](https://sms4smile.com/quotes/paul-krugman/it-has-been-obvious-all-along-to-anyone-paying-attention-that-the/)

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

[Agendas](https://sms4smile.com/quotes/about/agendas/)

[Image](https://sms4smile.com/quotes/i/5f6/paul-krugman-2255_agendas_it-has-been-obvious-all-along-to-anyone_1022540.jpg)

> [The fact is that the two years or so after 9/11 were a terrible time in America – a time of political…](https://sms4smile.com/quotes/paul-krugman/the-fact-is-that-the-two-years-or-so-after-9-11-were-a-terrible-time/)

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

[America](https://sms4smile.com/quotes/about/america/)

[Image](https://sms4smile.com/quotes/i/92d/paul-krugman-2255_america_the-fact-is-that-the-two-years-or-so-aft_1863080.png)

> [Obama is very much an establishment sort of guy. The whole image of him as a transcendent figure was based on style…](https://sms4smile.com/quotes/paul-krugman/obama-is-very-much-an-establishment-sort-of-guy-the-whole-image-of/)

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

[Cautious](https://sms4smile.com/quotes/about/cautious/)

[Image](https://sms4smile.com/quotes/i/764/paul-krugman-2255_cautious_obama-is-very-much-an-establishment-sort_759306.jpg)

> [You know that Republicans will yell about the evils of partisanship whenever anyone tries to make a connection between the rhetoric of…](https://sms4smile.com/quotes/paul-krugman/you-know-that-republicans-will-yell-about-the-evils-of-partisanship/)

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

[Climate](https://sms4smile.com/quotes/about/climate/)

[Image](https://sms4smile.com/quotes/i/71e/paul-krugman-2255_climate_you-know-that-republicans-will-yell-abou_2305762.jpg)

## Paul Krugman by topic

[Economics (37)](https://sms4smile.com/quotes/about/economics/paul-krugman/) [People (29)](https://sms4smile.com/quotes/about/people/paul-krugman/) [Ifs (26)](https://sms4smile.com/quotes/about/ifs/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/) [Has beens (17)](https://sms4smile.com/quotes/about/has-beens/paul-krugman/) [Thinking (15)](https://sms4smile.com/quotes/about/thinking/paul-krugman/) [World (14)](https://sms4smile.com/quotes/about/world/paul-krugman/) [Policy (13)](https://sms4smile.com/quotes/about/policy/paul-krugman/) [Economic (13)](https://sms4smile.com/quotes/about/economic/paul-krugman/) [Years (12)](https://sms4smile.com/quotes/about/years/paul-krugman/) [Trump (12)](https://sms4smile.com/quotes/about/trump/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": "Now, it’s true that some of the protesters are oddly dressed or have silly-sounding slogans, which is inevitable given the open character of the events. But so what? I, at least, am a lot more offended by the sight of exquisitely tailored plutocrats, who owe their continued wealth to government guarantees, whining that President Obama has said mean things about them than I am by the sight of ragtag young people denouncing consumerism.",
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                        "text": "There has been plenty to criticize about President Obama’s handling of the economy. Yet the overriding story of the past few years is not Mr. Obama’s mistakes but the scorched-earth opposition of Republicans, who have done everything they can to get in his way - and who now, having blocked the president’s policies, hope to win the White House by claiming that his policies have failed.",
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                        "text": "I've always believed that a speculative bubble need not lead to a recession, as long as interest rates are cut quickly enough to stimulate alternative investments. But I had to face the fact that speculative bubbles usually are followed by recessions. My excuse has been that this was because the policy makers moved too slowly - that central banks were typically too slow to cut interest rates in the face of a burst bubble, giving the downturn time to build up a lot of momentum.",
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                        "text": "It has been obvious all along, to anyone paying attention, that the politicians shouting loudest about deficits are actually using deficit hysteria as a cover story for their real agenda, which is top-down class warfare. To put it in Romneyesque terms, it's all about finding an excuse to slash programs that help people who like to watch Nascar events, even while lavishing tax cuts on people who like to own Nascar teams.",
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                        "text": "The fact is that the two years or so after 9/11 were a terrible time in America – a time of political exploitation and intimidation, culminating in the deliberate misleading of the nation into the invasion of Iraq. It’s probably worth pointing out that I’m not saying anything now that I wasn’t saying in real time back then, when Bush had a sky-high approval rating and any criticism was denounced as treason. And there’s nothing I’ve done in my life of which I’m more proud.",
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                        "text": "Obama is very much an establishment sort of guy. The whole image of him as a transcendent figure was based on style rather than substance. If you actually looked at what he said, not how he said it, he said very establishment things. He's a moderate, cautious, ameliorative guy. He tends to gravitate toward Beltway conventional wisdom.",
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                        "text": "You know that Republicans will yell about the evils of partisanship whenever anyone tries to make a connection between the rhetoric of Beck, Limbaugh, etc. and the violence I fear we’re going to see in the months and years ahead. But violent acts are what happen when you create a climate of hate. And it’s long past time for the GOP’s leaders to take a stand against the hate-mongers.",
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