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Paul Krugman Quotes

Total quotes: 6
“So we are very probably looking at a global recession, with no end in sight. I suppose we could get lucky somehow. But on economics, as on everything else, a terrible thing has just happened.”
— Paul Krugman, Paul Krugman: The Economic Fallout
Tagged: Election 2016, Election 2016 Predictions
“Lately I’ve been reading a lot about the ancient world. Initially, I have to admit, I was doing it for entertainment and as a refuge from news that gets worse with each passing day. But I couldn’t help noticing the contemporary resonances of some Roman history — specifically, the tale of how the Roman Republic fell.

Here’s what I learned: Republican institutions don’t protect against tyranny when powerful people start defying political norms. And tyranny, when it comes, can flourish even while maintaining a republican facade.

On the first point: Roman politics involved fierce competition among ambitious men. But for centuries that competition was constrained by some seemingly unbreakable rules. Here’s what Adrian Goldsworthy’s ‘In the Name of Rome’ says: ‘However important it was for an individual to win fame and add to his and his family’s reputation, this should always be subordinated to the good of the Republic … no disappointed Roman politician sought the aid of a foreign power.’

America used to be like that.”
— Paul Krugman, How Republics End
Tagged: The Divided States Of America, 2016 Election, Trump Administration
“It seems clear that the European project – the whole effort to promote peace and growing political union through economic integration – is in deep, deep trouble.”
— Paul Krugman, Brexit: The Morning After
Tagged: LOL, Brexit, History, Europe, World War 2
“Well, that was pretty awesome – and I mean that in the worst way. 

A number of people deserve vast condemnation here, from David Cameron, who may go down in history as the man who risked wrecking Europe and his own nation for the sake of a momentary political advantage, to the seriously evil editors of Britain’s tabloids, who fed the public a steady diet of lies.”
— Paul Krugman, Brexit: The Morning After
Tagged: LOL, Brexit, Media, Politics, Economics
“Whenever I see someone castigating liberals for engaging in identity politics, I wonder what such people imagine the right has been doing all these years. For generations, conservatives have conditioned many Americans to believe that safety-net programs are all about taking things away from white people and giving stuff to minorities.”
— Paul Krugman, Opinion | Obamacare Rage in Retrospect
Tagged: US Politics, Health Insurance, Democrats, Republicans
“The big mistakes were the adoption of the euro without careful thought about how a single currency would work without a unified government; the disastrous framing of the euro crisis as a morality play brought on by irresponsible southerners; the establishment of free labor mobility among culturally diverse countries with very different income levels, without careful thought about how that would work. Brexit is mainly a symptom of those problems.”
— Paul Krugman, Brexit: The Morning After
Tagged: LOL, Brexit, History, Europe, Economics
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