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Recessions Quotes by Paul Krugman
1 Recessions quote 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 Recessions Quotes
Popular Recessions quotes from across the collection:
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In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen…
— Warren Buffett
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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…
— Paul Krugman
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There will always be a business cycle, and white-collar workers will get hit in the next recession like they always do in…
— Robert Reich
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The stock market has predicted nine of the last five recessions.
— Paul Samuelson
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Adam Smith's 'invisible hand' is not above sudden, disturbing, movements. Since its inception, capitalism has known slumps and recessions, bubble and froth;…
— Margaret Thatcher
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Recessions are great because they unlock the best people.
— Aaron Patzer
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In this time of recession, it is the time for invention. Did you know both the telephone and the automobile were invented…
— Eugene Mirman
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You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't…
— Peter Lynch
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Studying the martial Way is like climbing a cliff: keep going forward without rest. Resting is not permissible because it causes recessions…
— Mas Oyama
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Recessions are hard on people, but they are not hard on Art.
— Jerry Saltz
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Recessions are the best time to start a company. Companies fail. Others hold back capital. If you are willing to do the…
— Mark Cuban
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History is fickle. We know that. The good and bad come around and go around, and go around again. There are recessions…
— Rachel Nichols
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