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Paul Krugman Quotes: The United States in particular and the West in general should be feeling a little embarrassed about all that lecturing we did to the Third World.
         

The United States in particular and the West in general should be feeling a little embarrassed about all that lecturing we did to the Third World.


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



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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



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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.



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Quote Description


This page presents the quote "The United States in particular and the West in general should be feeling a little embarrassed about all that lecturing we did to the Third World.". Author of this quote is Paul Krugman. This quote is about embarrassed, west, particular, lecturing, third world, investing, united states, feelings,.