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Paul Krugman Quotes: 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.
         

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
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Other quotes of Paul Krugman


Rising inequality isn’t about who has the knowledge; it’s about who has the power.

Rising inequality isn’t about who has the knowledge; it’s about who has the power.



Bad ideas flourish because they are in the interest of powerful groups.

Bad ideas flourish because they are in the interest of powerful groups.



A snarky but accurate description of monetary policy over the past five years is that the Federal Reserve successfully replaced the technology bubble with a housing bubble

A snarky but accurate description of monetary policy over the past five years is that the Federal Reserve successfully replaced the technology bubble with a housing bubble



Wealthy Americans who benefit hugely from a system rigged in their favor react with hysteria to anyone who points out just how rigged the system is.

Wealthy Americans who benefit hugely from a system rigged in their favor react with hysteria to anyone who points out just how rigged the system is.



So what are the effects of increasing minimum wages? Any Econ 101 student can tell you the answer: The higher wage reduces the quantity of labor demanded, and hence leads to unemployment.

So what are the effects of increasing minimum wages? Any Econ 101 student can tell you the answer: The higher wage reduces the quantity of labor demanded, and hence leads to unemployment.



Middle-class societies don't emerge automatically as an economy matures, they have to be CREATED through political action.

Middle-class societies don't emerge automatically as an economy matures, they have to be CREATED through political action.



There are no atheists in foxholes and there are no libertarians in financial crises.

There are no atheists in foxholes and there are no libertarians in financial crises.



We should try to create the society each of us would want if we didn't know in advance who we'd be.

We should try to create the society each of us would want if we didn't know in advance who we'd be.



Outrageous fiscal mendacity is neither historically normal nor bipartisan. It’s a modern Republican thing.

Outrageous fiscal mendacity is neither historically normal nor bipartisan. It’s a modern Republican thing.



If you want to understand opposition to climate action, follow the money.

If you want to understand opposition to climate action, follow the money.





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Fear least have power! The power of fear lies in the power of our fears. Without the power of our fears, fear is least empowered!

Fear least have power! The power of fear lies in the power of our fears. Without the power of our fears, fear is least empowered!



A novel that does not uncover a hitherto unknown segment of existence is immoral. Knowledge is the novel's only morality.

A novel that does not uncover a hitherto unknown segment of existence is immoral. Knowledge is the novel's only morality.



I would say that IQ is the strongest predictor of which field you can get into and hold a job in, whether you can be an accountant, lawyer or nurse, for example.

I would say that IQ is the strongest predictor of which field you can get into and hold a job in, whether you can be an accountant, lawyer or nurse, for example.



When we stand the truth on its head we generally fail to notice that our head is not standing where it should be standing either.

When we stand the truth on its head we generally fail to notice that our head is not standing where it should be standing either.



Nobility of birth is like a cipher; it has no power in itself, like wealth or talent; but, it tells with all the power of a cipher when added to either of the other two.

Nobility of birth is like a cipher; it has no power in itself, like wealth or talent; but, it tells with all the power of a cipher when added to either of the other two.



And thou my minde aspire to higher things; Grow rich in that which never taketh rust.

And thou my minde aspire to higher things; Grow rich in that which never taketh rust.



Treat your friend as if he might become an enemy.

Treat your friend as if he might become an enemy.



This is possibly the most shameful situation I've ever gotten myself in in my life, and I've done some pretty dumb things in my life. So to actually make a new No. 1 is spectacularly stupid.

This is possibly the most shameful situation I've ever gotten myself in in my life, and I've done some pretty dumb things in my life. So to actually make a new No. 1 is spectacularly stupid.



You'd think I was shoving bamboo splinters under your nails. (Alice from Twilight)

You'd think I was shoving bamboo splinters under your nails. (Alice from Twilight)



I was very lucky that while I was a chess player in a country where chess was not a big deal, I happened to be in the one city where there was a sprouting chess team: Chennai.

I was very lucky that while I was a chess player in a country where chess was not a big deal, I happened to be in the one city where there was a sprouting chess team: Chennai.




Quote Description


This page presents the quote "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.". Author of this quote is Paul Krugman. This quote is about years, gold, venture, doomed, thinking, strikes, kind, cranky,.