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Paul Krugman Quotes: Economists don't usually make good speculators, because they think too much.
         

Economists don't usually make good speculators, because they think too much.


Paul Krugman
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"Paul Krugman Quotes." Quoteslyfe.com, 2024. Tue. 30 Apr. 2024. <https://www.quoteslyfe.com/quote/Economists-don-t-usually-make-good-speculators-941387>.





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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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My head works in music, so there's always music there.

My head works in music, so there's always music there.



The Internet knows no national borders.

The Internet knows no national borders.



Full and unhesitating implementation of the report's findings must now follow. I call upon the Labour Party to guarantee that there will be zero tolerance of antisemitism.

Full and unhesitating implementation of the report's findings must now follow. I call upon the Labour Party to guarantee that there will be zero tolerance of antisemitism.



Sometimes I am very pleased with lifestyle and sometimes I feel utterly worthless because I have so few interests.

Sometimes I am very pleased with lifestyle and sometimes I feel utterly worthless because I have so few interests.



The idea of an election is much more interesting to me than the election itself...The act of voting is in itself the defining moment.

The idea of an election is much more interesting to me than the election itself...The act of voting is in itself the defining moment.



Love is not a product of reasonings and statistics. It just comes-none knows whence-and cannot explain itself.

Love is not a product of reasonings and statistics. It just comes-none knows whence-and cannot explain itself.



We do not marry for ourselves, whatever we say; we marry just as much or more for our posterity, for our family. The practice and benefit of marriage concerns our race very far beyond us.

We do not marry for ourselves, whatever we say; we marry just as much or more for our posterity, for our family. The practice and benefit of marriage concerns our race very far beyond us.



I've had some physically challenging roles.

I've had some physically challenging roles.



For those whose goal it is to twist wrong into right, a good starting point is to convince young people that the vulgar is beautiful.

For those whose goal it is to twist wrong into right, a good starting point is to convince young people that the vulgar is beautiful.




Quote Description


This page presents the quote "Economists don't usually make good speculators, because they think too much.". Author of this quote is Paul Krugman. This quote is about too much, thinking, speculators, economist,.