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Paul Krugman Quotes: Economics is not a morality play.
         

Economics is not a morality play.


Paul Krugman
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"Paul Krugman Quotes." Quoteslyfe.com, 2024. Fri. 22 Nov. 2024. <https://www.quoteslyfe.com/quote/Economics-is-not-a-morality-play-941381>.





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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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The smallest act of kindness makes you more beautiful than any expensive dress or make up.

The smallest act of kindness makes you more beautiful than any expensive dress or make up.




A thought that is almost beautiful – a thought that you speak not, but that you cherish within you at this moment, will irradiate you as though you were a transparent vase.

A thought that is almost beautiful – a thought that you speak not, but that you cherish within you at this moment, will irradiate you as though you were a transparent vase.



Dont retreat. Retweet!

Dont retreat. Retweet!



Cursed be he that scalps the reputation of the dead.

Cursed be he that scalps the reputation of the dead.



Where you just possessed?" Cookie asked after a long moment, awe softening her voice. "'Cause let me tell you, sweetheart, if that was possession, I'm selling my soul.

Where you just possessed?" Cookie asked after a long moment, awe softening her voice. "'Cause let me tell you, sweetheart, if that was possession, I'm selling my soul.



Find things that make you feel still, that make you feel good.

Find things that make you feel still, that make you feel good.



I can't for the life of me see that by being permissive you actually assist anyone.

I can't for the life of me see that by being permissive you actually assist anyone.



A lot of times, you beat a person who beat a person who can beat you. I mean, it doesn't make any sense.

A lot of times, you beat a person who beat a person who can beat you. I mean, it doesn't make any sense.



As an entrepreneur, what drives you has to be the good news; otherwise, you just don't get out of bed.

As an entrepreneur, what drives you has to be the good news; otherwise, you just don't get out of bed.




Quote Description


This page presents the quote "Economics is not a morality play.". Author of this quote is Paul Krugman. This quote is about play, morality, economics,.