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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.

Paul Krugman

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Paul Krugman
Age: 71
Born: 1953
Born: February 28
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More quotes by Paul Krugman

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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 believe that the only important structural obstacles to world prosperity are the obsolete doctrines that clutter the minds of men.
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Surely I'm not the only person to ask the obvious question: How different, really, is Mr. Madoff's tale from the story of the investment industry as a whole?
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The science fiction world has a lot of people doing seriously imaginative thinking.
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We should try to create the society each of us would want if we didn't know in advance who we'd be.
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Economics is not a morality play.
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Outrageous fiscal mendacity is neither historically normal nor bipartisan. It’s a modern Republican thing.
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The federal government is basically an insurance company with an army.
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There are no atheists in foxholes and there are no libertarians in financial crises.
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The important thing to understand is that the case for pollution control isn't based on some kind of aesthetic distaste for industrial society. Pollution does real, measurable damage, especially to human health.
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I think Stockman is an interesting sort of amalgam.
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Asset bubbles have happened even without not-so-easy money. And, in a depressed economy, where alternative uses of money are not great, people are going to bid up the prices of profitable corporations and stuff like that.
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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.
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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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If you want to understand opposition to climate action, follow the money.
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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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I've always believed in expansionary monetary policy and if necessary fiscal policy when the economy is depressed.
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Friedrich Hayek is not an important figure in the history of macroeconomics.
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Not all private equity people are evil. Only some.
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Economists don't usually make good speculators, because they think too much.
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