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The trouble with poverty, as an issue, is that it has basically exhausted the patience of the general public.

Paul Krugman

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Paul Krugman
Age: 71
Born: 1953
Born: February 28
Blogger
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Economist
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University Teacher
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Albany
New York
Paul Robin Krugman
Paul R Krugman
Trouble
Public
Exhausted
Patience
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Poverty
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In short, it's a great economy if you're a high-level corporate executive or someone who owns a lot of stock. For most other Americans, economic growth is a spectator sport.
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One way in which Americans have always been exceptional has been in our support for education. First we took the lead in universal primary education then the “high school movement” made us the first nation to embrace widespread secondary education.
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There's nothing magic about spending on tanks and bombs rather than roads and bridges.
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The great thing about fiscal policy is that it has a direct impact and doesn't require you to bind the hands of future policymakers.
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Outrageous fiscal mendacity is neither historically normal nor bipartisan. It’s a modern Republican thing.
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There's one thing that the Fed has been really good at cracking down on, and that's inflation.
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If you are a good economist, a virtuous economist, you are reborn as a physicist. But if you are an evil, wicked economist, you are reborn as a sociologist.
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The economic expansion that began in 2001, while it has been great for corporate profits, has yet to produce any significant gains for ordinary working Americans. And now it looks as if it never will.
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Not all private equity people are evil. Only some.
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The problem with digital books is that you can always find what you are looking for but you need to go to a bookstore to find what you weren't looking for.
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I really think that people have to think safety taking risks for higher yield is a bad idea once you're in late or latish middle age.
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