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Paul Krugman Quotes: But Wall Street people are in fact very smart; they're funny, they're not company men who work their way up the chain.
         

But Wall Street people are in fact very smart; they're funny, they're not company men who work their way up the chain.


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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Faith is seeing the invisible, but not the nonexistent.

Faith is seeing the invisible, but not the nonexistent.



When dealing with complex transportation issues, the best thing to do is pull up with a cold beer and let somebody else figure it out.

When dealing with complex transportation issues, the best thing to do is pull up with a cold beer and let somebody else figure it out.



When starting at the bottom, be willing to learn from those at the top.

When starting at the bottom, be willing to learn from those at the top.



Consider that as a principle of love is the main principle in the heart of a real Christian, so the labor of love, is the main business of the Christian life.

Consider that as a principle of love is the main principle in the heart of a real Christian, so the labor of love, is the main business of the Christian life.



Stay crunchy, even in milk.

Stay crunchy, even in milk.



Society historically has a difficult time with the concept of something new and foreign that shakes up our comfortable views, especially if it involves the very volatile question of sexual identity.

Society historically has a difficult time with the concept of something new and foreign that shakes up our comfortable views, especially if it involves the very volatile question of sexual identity.



I do as much comedy as I possibly can but I'm basically limited by the imagination of the secretaries who make the decisions.

I do as much comedy as I possibly can but I'm basically limited by the imagination of the secretaries who make the decisions.




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This page presents the quote "But Wall Street people are in fact very smart; they're funny, they're not company men who work their way up the chain.". Author of this quote is Paul Krugman. This quote is about company, men, way, people, funny, smart, wall, work, very smart,.