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When depression economics prevails, the usual rules of economic policy no longer apply: virtue becomes vice, caution is risky and prudence is folly.
Paul Krugman
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Paul Krugman
Age: 71
Born: 1953
Born: February 28
Blogger
Columnist
Economist
Essayist
Journalist
Pundit
University Teacher
Writer
Albany
New York
Paul Robin Krugman
Paul R Krugman
Vices
Risky
Economics
Caution
Rules
Prudence
Policy
Apply
Longer
Vice
Becomes
Usual
Virtue
Folly
Economic
Depression
Prevails
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I believe that the only important structural obstacles to world prosperity are the obsolete doctrines that clutter the minds of men.
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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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