Quote of the Day
Authors Categories Blog Quote Maker Videos
 

Paul Krugman Quotes: [Conventional wisdom] very heavily tends to reflect the preferences and the interests of the elite.
         

[Conventional wisdom] very heavily tends to reflect the preferences and the interests of the elite.


Paul Krugman
Check all other quotes by Paul Krugman

Want to display this quote image on your website or blog? Simply copy and paste the below code on your website/blog.

Embed:

Format of this image is jpg. The width and height of image are 1200 and 630, repectively. This image is available for free to download.





[Conventional wisdom] very heavily tends to reflect the preferences and the interests of the elite.
         



Citation

Use the citation below to add this quote to your bibliography:


Styles:

×

MLA Style Citation


"Paul Krugman Quotes." Quoteslyfe.com, 2024. Fri. 29 Mar. 2024. <https://www.quoteslyfe.com/quote/Conventional-wisdom-very-heavily-tends-to-reflect-57433>.





Check out


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.





Other quotes you may like


A great relationship is being with the one who compliments your madness instead of conflicting with it.

A great relationship is being with the one who compliments your madness instead of conflicting with it.



It would probably surprise people to know that I'm interested in wildlife. I read a lot of poetry, too.

It would probably surprise people to know that I'm interested in wildlife. I read a lot of poetry, too.



I love sushi. But after too much of it, it just starts to taste like a dead animal that hasn't been cooked.

I love sushi. But after too much of it, it just starts to taste like a dead animal that hasn't been cooked.



We need not despair even in our worst, for our failures are forgiven. The only fatal thing is to sit down content with anything less than perfection.

We need not despair even in our worst, for our failures are forgiven. The only fatal thing is to sit down content with anything less than perfection.



Surrounded yourself with brilliant people. You can't HELP but grow when that happens.

Surrounded yourself with brilliant people. You can't HELP but grow when that happens.



Personally, I never admired communists because they operate on the theory that human beings are nice people.

Personally, I never admired communists because they operate on the theory that human beings are nice people.



The worst of failure of this kind is that it spoils the market for more competent performers.

The worst of failure of this kind is that it spoils the market for more competent performers.



Some work hard to acquire money only to find in the end that money acquired them.

Some work hard to acquire money only to find in the end that money acquired them.



Reality TV is sleazy, it is manipulative. It is as momentary as anything in popular culture.

Reality TV is sleazy, it is manipulative. It is as momentary as anything in popular culture.



Video games are bad for you? That's what they said about rock 'n' roll.

Video games are bad for you? That's what they said about rock 'n' roll.




Quote Description


This page presents the quote "[Conventional wisdom] very heavily tends to reflect the preferences and the interests of the elite.". Author of this quote is Paul Krugman. This quote is about conventional-wisdom, money, economics, political, capitalism, greed, politics, wisdom, elites,.