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Short Run 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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Popular Short Run quotes from across the collection:
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While democracy in the long run is the most stable form of government, in the short run, it is among the most…
— Madeleine Albright
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It is obviously easier, for the short run, to draw cheap labor from adjacent pools of poverty...than to find it among one's…
— George F. Kennan
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In the short run, the market is a voting machine, but in the long run it is a weighing machine.
— Benjamin Graham
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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…
— Paul Krugman
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If you play your cards right things are going to happen in the long run. In the short run, it is anybody's…
— Ron Livingston
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In the long run, Women's Liberation will of course free men-but in the short run it's going to COST men a lot…
— Robin Morgan
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... the forces of power, particularly corporate power, are impatient with what is adequate for a coherent community. Because power gains so…
— Wes Jackson
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I have learned nothing in twenty years that would suggest that evil people can be rapidly influenced by any means other than…
— M. Scott Peck
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It is not fear that stops you from doing the brave and true thing in your daily life. Rather, the problem is…
— Harriet Lerner
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You can game the social media in the short run, but not for long.
— Seth Godin
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True, governments can reduce the rate of interest in the short run. They can issue additional paper money. They can open the…
— Ludwig von Mises
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When my sons arrived in the family, their legal status was not ambiguous at all. They were our kids. But their wants…
— Russell D. Moore
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