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If you want to understand opposition to climate action, follow the money.
Paul Krugman
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Paul Krugman
Age: 71
Born: 1953
Born: February 28
Blogger
Columnist
Economist
Essayist
Journalist
Pundit
University Teacher
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Albany
New York
Paul Robin Krugman
Paul R Krugman
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More quotes by Paul Krugman
If you can create even the illusion of high profitability for a few years, then when the thing collapses you can walk out of the wreckage a very rich man.
Paul Krugman
When the Fed decides that inflation is too high, they have the tools, and they've shown historically that they have the will, to bring it down. And, it might be painful.
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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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America's political landscape is infested with many zombie ideas - beliefs about policy that have been repeatedly refuted with evidence and analysis but refuse to die. The most prominent zombie is the insistence that low taxes on rich people are the key to prosperity.
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The raw fact is that every successful example of economic development this past century ... has taken place via globalization.
Paul Krugman
Tax cuts were not going to be effective at creating jobs, and the job creation record is lousy.
Paul Krugman
Bad ideas flourish because they are in the interest of powerful groups.
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Politics determines who has the power, not who has the truth.
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I have friends, political scientists, sociologists, who all share an interest at least in certain kinds of science fiction.
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We're living in a Dark Age of macroeconomics. Remember, what defined the Dark Ages wasn’t the fact that they were primitive — the Bronze Age was primitive, too. What made the Dark Ages dark was the fact that so much knowledge had been lost, that so much known to the Greeks and Romans had been forgotten by the barbarian kingdoms that followed.
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Default is not in our stars, but in ourselves.
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The federal government is basically an insurance company with an army.
Paul Krugman
The United States in particular and the West in general should be feeling a little embarrassed about all that lecturing we did to the Third World.
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The world economy is in a nosedive, and understanding what I call depression economics - the weird world you get into when even a zero interest rate isn't low enough, and a messed-up financial system is dragging down the real economy - is essential if we're going to avoid the worst.
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If Europe’s example is any guide, here are the two secrets of coping with expensive oil: own fuel-efficient cars, and don’t drive them too much.
Paul Krugman
These days, however, the main problem comes from the right - from conservatives who, unlike most economists, really do think that the free market is always right - to such an extent that they refuse to believe even the most overwhelming scientific evidence if it seems to suggest a justification for government action.
Paul Krugman
It’s not about the budget it’s about the power...So will the attack on unions succeed? I don’t know. But anyone who cares about retaining government of the people by the people should hope that it doesn’t.
Paul Krugman
There's nothing magic about spending on tanks and bombs rather than roads and bridges.
Paul Krugman
It's a funny thing, by the way, how people who love free markets are also quite sure that they know that investors are being irrational.
Paul Krugman
The planet will continue to cook.
Paul Krugman