Paul Krugman Quotes

Paul Krugman Quotes: ...academic credentials are neither a necessary nor a sufficient condition for having your ideas taken seriously. If a famous professor repeatedly says stupid things, then tries to claim he never said them, there's no rule against calling him a mendacious idiot - and no special qualifications required to make that pronouncement other than doing your own homework.Conversely, if someone without formal credentials consistently makes trenchant, insightful observations, he or she has earned the right to be taken seriously, regardless of background.
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Paul Krugman Quote: we should reject the attempt to divert the national conversation away from soaring inequality toward the alleged moral failings of those Americans being left behind. Traditional values aren't as crucial as social conservatives would have you believe  and, in any case, the social changes taking place in America's working class are overwhelmingly the consequence of sharply rising inequality, not its cause.
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Quotes about Paul Krugman: Unsustainable situations usually go on longer than most economists think possible. But they always end, and when they do, it's often painful.
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Quote about Paul Krugman: Simple doesn't mean stupid. Thinking that it does, does.
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Paul Krugman Sayings: Sometimes economists in official positions give bad advice; sometimes they give very, very bad advice; and sometimes they work at the OECD.
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Paul Krugman Saying: Until the Great Depression, most economists clung to a vision of capitalism as a perfect or nearly perfect system. That vision wasn't sustainable in the face of mass unemployment, but as memories of the Depression faded, economists fell back in love with the old, idealized vision of an economy in which rational individuals interact in perfect markets.
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Sayings about Paul Krugman: 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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Saying about Paul Krugman: The raw fact is that every successful example of economic development this past century - every case of a poor nation that worked its way up to a more or less decent, or at least dramatically better, standard of living - has taken place via globalization, that is, by producing for the world market rather than trying for self-sufficiency.
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Paul Krugman Quotes: You really have to go searching desperately to find any contemporary examples of good, old-fashioned runaway inflation.
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Paul Krugman Quote: Our popular economics writers, however, are not in the business of giving their readers a ringside seat on the research action; with no exception I can think of, they use their books to do an end run around the normal structure of scholarship, to preach ideas that few serious economists share. Often, these ideas are not just at odds with the professional consensus; they are demonstrably wrong, and sometimes terminally silly. But they sound good to the unwary reader.
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Quotes about Paul Krugman: 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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Quote about Paul Krugman: What happened after 9/11 - and I think even people on the right know this, whether they admit it or not - was deeply shameful. [The] atrocity should have been a unifying event, but instead it became a wedge issue. Fake heroes like Bernie Kerik, Rudy Giuliani, and, yes, George W. Bush raced to cash in on the horror. And then the attack was used to justify an unrelated war the neo-cons wanted to fight, for all the wrong reasons....The memory of 9/11 has been irrevocably poisoned; it has become an occasion for shame. And in its heart, the nation knows it.
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Paul Krugman Sayings: It has been obvious all along, to anyone paying attention, that the politicians shouting loudest about deficits are actually using deficit hysteria as a cover story for their real agenda, which is top-down class warfare. To put it in Romneyesque terms, it's all about finding an excuse to slash programs that help people who like to watch Nascar events, even while lavishing tax cuts on people who like to own Nascar teams.
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Paul Krugman Saying: This is a serious analysis of a ridiculous subject, which is of course the opposite of what is usual in economics.
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Sayings about Paul Krugman: I think if you're a liberal, you believe that we all are, at least to some extent, our brothers' keepers, you really believe that we have a sumptuary responsibility to make sure that life is decent for everybody in America, that you believe that society out to be broadly shared, and you believe that you can't have a real democracy unless you have a little bit, at least, of economic democracy.
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Saying about Paul Krugman: The fact is that the two years or so after 9/11 were a terrible time in America - a time of political exploitation and intimidation, culminating in the deliberate misleading of the nation into the invasion of Iraq. It's probably worth pointing out that I'm not saying anything now that I wasn't saying in real time back then, when Bush had a sky-high approval rating and any criticism was denounced as treason. And there's nothing I've done in my life of which I'm more proud.
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Paul Krugman Quotes: ...instead it seems that business - like weight loss - is a subject wherein hope and fear inspire limitless gullibility.
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Paul Krugman Quote: If Europe's example is any guide, here are the two secrets of coping with expensive oil: own fuel-efficient cars, and don't drive them too much.
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