Quote

The federal government is basically an insurance company with an army.

Paul Krugman

Change background

T
T
T

Change font

TAGS & TOPICS

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
Government
Insurance
Federal
Basically
Army
Company

More quotes by Paul Krugman

Image
There's one thing that the Fed has been really good at cracking down on, and that's inflation.
Paul Krugman
Image
We should try to create the society each of us would want if we didn't know in advance who we'd be.
Paul Krugman
Image
The party of ideas has become the party of Beavis and Butthead.
Paul Krugman
Image
Close the weak banks and impose serious capital requirements on the strong ones...You see, it may sound hard-hearted, but you cannot keep unsound financial institutions operating simply because they provide jobs.
Paul Krugman
Image
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.
Paul Krugman
Image
I have friends, political scientists, sociologists, who all share an interest at least in certain kinds of science fiction.
Paul Krugman
Image
Anyone who thinks that the last 80 years, ever since FDR took us off gold, have been a doomed venture, that strikes me as kind of cranky.
Paul Krugman
Image
Many people ... prefer to describe themselves as progressives rather than liberals. To some extent that's a response to the decades-long propaganda campaign conducted by movement conservatives, which has been quite successful in making Americans disdain the word liberal but much less successful in reducing support for liberal policies.
Paul Krugman
Image
Default is not in our stars, but in ourselves.
Paul Krugman
Image
Our grandfathers lived in a world of largely self-sufficient, inward-looking national economies - but our great-great grandfathers lived, as we do, in a world of large-scale international trade and investment, a world destroyed by nationalism.
Paul Krugman
Image
The goal in the end is not to win elections. The goal is to change society.
Paul Krugman
Image
The trouble with poverty, as an issue, is that it has basically exhausted the patience of the general public.
Paul Krugman
Image
And when the chickens that didn't hatch come home to roost, we will rue the day when, misled by sloppy accounting and rosy scenarios, we gave away the national nest egg.
Paul Krugman
Image
The real danger with debt is what happens if lots of people decide, or are forced, to pay it off at the same time.
Paul Krugman
Image
The public has no idea that the deficit has been falling like a stone.
Paul Krugman
Image
For most Americans, economic growth is a spectator sport.
Paul Krugman
Image
I think Stockman is an interesting sort of amalgam.
Paul Krugman
Image
Generous unemployment benefits can increase both structural and frictional unemployment. So government policies intended to help workers can have the undesirable side effect of raising the natural rate of unemployment.
Paul Krugman
Image
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.
Paul Krugman
Image
Coming up with a good idea, with an insight into the way the world works that is really new and that you really believe in, is a deeply satisfying experience.
Paul Krugman