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More Quotes by Paul Krugman

Paul Krugman has 75 quotes on this site. A few more worth reading:

• Every once in a while I feel despair over the fate of the planet. If you've been following climate science, you know…
• We know that advanced economies with stable governments that borrow in their own currency are capable of running up very high levels…
• However, the fact that an economist offers a theoretical analysis does not and should not automatically command respect. What is needed is…
• The economics profession went astray because economists, as a group, mistook beauty, clad in impressive-looking mathematics, for truth.
• 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…
• People respond to incentives. If unemployment becomes more attractive because of the unemployment benefit, some unemployed workers may no longer try to…
• Generous unemployment benefits can increase both structural and frictional unemployment. So government policies intended to help workers can have the undesirable side…
• Raising the minimum wage and lowering the barriers to union organization would carry a trade-off - higher unemployment. A better idea is…
• I've always believed that a speculative bubble need not lead to a recession, as long as interest rates are cut quickly enough…
• In fact, I'd say that the sources of the economy's expansion from 2003 to 2007 were, in order, the housing bubble, the…
• Governments do not necessarily act in the national interest, especially when making detailed microeconomic interventions. Instead, they are influenced by interest group…
• 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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