"Middle-class societies don't emerge automatically as an economy……" — Paul Krugman
"Middle-class societies don't emerge automatically as an economy matures, they have to be CREATED through political action."
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Paul Krugman
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75 Quotes by Paul Krugman
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,…
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We know that advanced economies with stable governments that borrow in their own currency are capable of running up very…
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However, the fact that an economist offers a theoretical analysis does not and should not automatically command respect. What 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…
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People respond to incentives. If unemployment becomes more attractive because of the unemployment benefit, some unemployed workers may no longer…
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Generous unemployment benefits can increase both structural and frictional unemployment. So government policies intended to help workers can have the…
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Raising the minimum wage and lowering the barriers to union organization would carry a trade-off - higher unemployment. A better…
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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…
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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…
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Governments do not necessarily act in the national interest, especially when making detailed microeconomic interventions. Instead, they are influenced by…
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It should be possible to emphasize to students that the level of employment is a macroeconomic issue, depending in the…
See all 75 quotes by Paul Krugman »
More Action Quotes
This quote is filed under Action Quotes,
one of 8,300 quotes in that category. Here are a few more:
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Forgiveness is the key to action and freedom.
— Hannah Arendt
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Revolutionaries do not make revolutions. The revolutionaries are those who know when power is lying in the street and then…
— Hannah Arendt
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Under conditions of tyranny it is far easier to act than to think.
— Hannah Arendt
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Action without a name, a who attached to it, is meaningless.
— Hannah Arendt
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All human actions have one or more of these seven causes: chance, nature, compulsions, habit, reason, passion, desire.
— Aristotle
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Moral excellence comes about as a result of habit. We become just by doing just acts, temperate by doing temperate…
— Aristotle
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Well begun is half done.
— Aristotle
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A tragedy is a representation of an action that is whole and complete and of a certain magnitude. A whole…
— Aristotle
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Thou wilt find rest from vain fancies if thou doest every act in life as though it were thy last.
— Aristotle
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We become just by performing just action, temperate by performing temperate actions, brave by performing brave action.
— Aristotle
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Every art and every inquiry, and similarly every action and choice, is thought to aim at some good; and for…
— Aristotle
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What the statesman is most anxious to produce is a certain moral character in his fellow citizens, namely a disposition…
— Aristotle
See all 8,300 Action Quotes »