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Friedrich Quotes by Paul Krugman
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Paul Krugman has 75 quotes on this site. A few more worth reading:
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Every once in a while I feel despair over the fate of the planet. If you've been following climate science, you know…
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We know that advanced economies with stable governments that borrow in their own currency are capable of running up very high levels…
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However, the fact that an economist offers a theoretical analysis does not and should not automatically command respect. What is needed is…
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The economics profession went astray because economists, as a group, mistook beauty, clad in impressive-looking mathematics, for truth.
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The problem isn't that people don't understand how good things are. It's that they know, from personal experience, that things really aren't…
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People respond to incentives. If unemployment becomes more attractive because of the unemployment benefit, some unemployed workers may no longer try to…
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Generous unemployment benefits can increase both structural and frictional unemployment. So government policies intended to help workers can have the undesirable side…
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Raising the minimum wage and lowering the barriers to union organization would carry a trade-off - higher unemployment. A better idea is…
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I've always believed that a speculative bubble need not lead to a recession, as long as interest rates are cut quickly enough…
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In fact, I'd say that the sources of the economy's expansion from 2003 to 2007 were, in order, the housing bubble, the…
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Governments do not necessarily act in the national interest, especially when making detailed microeconomic interventions. Instead, they are influenced by interest group…
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It should be possible to emphasize to students that the level of employment is a macroeconomic issue, depending in the short run…
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More Friedrich Quotes
Popular Friedrich quotes from across the collection:
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It was good of Friedrich Nietzsche to declare God dead - I declare that he has never been born. It is a…
— Rajneesh
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Powerful government tends to draw into it people with bloated egos, people who think they know more than everyone else and have…
— Walter E. Williams
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The adoption of the required attitude of mind towards ideas that seem to emerge "of their own free will" and the abandonment…
— Sigmund Freud
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In August, 1900, [Friedrich] Nietzsche was laid to rest Nietzsche, as the apostle of atheism, heralded the darkest century the world has…
— Benjamin Wiker
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The philosopher Friedrich Nietzsche once wrote that when you look into the darkness of the abyss the abyss looks into you. Probably…
— Michael Connelly
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Friedrich Hayek is not an important figure in the history of macroeconomics.
— Paul Krugman
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Even those who identify themselves as libertarians follow an overtly anti-rationalist philosophy, as even a brief acquaintance with the work of Friedrich…
— Philip E. Agre
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But Friedman seemed to share Friedrich Hayek's extreme and inaccurate view that socialism of the sort that Britain embraced under the old…
— Richard Posner
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Friedrich Wilhelm Nietzsche commenting on the music of Georges Bizet: His music has the tang of sunny climates, their bracing air, their…
— Georges Bizet
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I would like to you to become rooted into the earth. I am perfectly in agreement with Friedrich Nietzsche who says: "I…
— Rajneesh
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Except by name, Jean Paul Friedrich Richter is little known out of Germany. The only thing connected with him, we think, that…
— Thomas Carlyle
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At the heart of capitalism is the unification of knowledge and power. As Friedrich Hayek, the leader of the Austrian school of…
— George Gilder
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