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Paul Krugman Quotes: If you are a good economist, a virtuous economist, you are reborn as a physicist. But if you are an evil, wicked economist, you are reborn as a sociologist.
         

If you are a good economist, a virtuous economist, you are reborn as a physicist. But if you are an evil, wicked economist, you are reborn as a sociologist.


Paul Krugman
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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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Magic to me is you make a movie and it's all great and it clicks, and at the end of the day you feel like you're having an experience that is positive and that you're learning from.

Magic to me is you make a movie and it's all great and it clicks, and at the end of the day you feel like you're having an experience that is positive and that you're learning from.



Undeservedly you will atone for the sins of your fathers.

Undeservedly you will atone for the sins of your fathers.



Pity is the most agreeable feeling among those who have little pride and no prospects of great conquests.

Pity is the most agreeable feeling among those who have little pride and no prospects of great conquests.



One could almost phrase the motto of our modern civilization thus: Science is my shepherd; I shall not want.

One could almost phrase the motto of our modern civilization thus: Science is my shepherd; I shall not want.



I am incapable of telling you not to feel. Feel, feel, I say - feel for all you're worth, and even if it half kills you, for that is the only way to live.

I am incapable of telling you not to feel. Feel, feel, I say - feel for all you're worth, and even if it half kills you, for that is the only way to live.



I'm always having to check myself and make sure I'm not over singing in some ensemble thing that will render me unavailable for participation in the stuff where it really counts.

I'm always having to check myself and make sure I'm not over singing in some ensemble thing that will render me unavailable for participation in the stuff where it really counts.



Pie...it fills the cracks of the heart. Go away, pain.

Pie...it fills the cracks of the heart. Go away, pain.



And finding the hat, I always like to find the hat. And then props just dress the set. It's all fabulous.

And finding the hat, I always like to find the hat. And then props just dress the set. It's all fabulous.



You know, the Oscar I was awarded for The Untouchables is a wonderful thing, but I can honestly say that I'd rather have won the U.S. Open Golf Tournament.

You know, the Oscar I was awarded for The Untouchables is a wonderful thing, but I can honestly say that I'd rather have won the U.S. Open Golf Tournament.



The perfect life: to live in a world of peace in a lake district where the magistrate is good and honest, and to have an understanding wife and bright children.

The perfect life: to live in a world of peace in a lake district where the magistrate is good and honest, and to have an understanding wife and bright children.




Quote Description


This page presents the quote "If you are a good economist, a virtuous economist, you are reborn as a physicist. But if you are an evil, wicked economist, you are reborn as a sociologist.". Author of this quote is Paul Krugman. This quote is about virtuous, economist, wicked, physicist, evil, reborn,.