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Paul Krugman Quotes: If you can create even the illusion of high profitability for a few years, then when the thing collapses you can walk out of the wreckage a very rich man.
         

If you can create even the illusion of high profitability for a few years, then when the thing collapses you can walk out of the wreckage a very rich man.


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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If we fail to read, we miss the treasure of wisdom.

If we fail to read, we miss the treasure of wisdom.



The only time you seem honest is when you’re insulting someone!”“The only honest things I can say to you are insults.

The only time you seem honest is when you’re insulting someone!”“The only honest things I can say to you are insults.



I hate the thought of her being forced into a box that doesn't fit her. Of having her wings cut off, her sight blinded, her hearing muted, her voice stilled.

I hate the thought of her being forced into a box that doesn't fit her. Of having her wings cut off, her sight blinded, her hearing muted, her voice stilled.



Education with inert ideas is not only useless it is above all things harmful.

Education with inert ideas is not only useless it is above all things harmful.



Rain, rain, and sun! A rainbow in the sky!

Rain, rain, and sun! A rainbow in the sky!



Children can write poetry and then, unless they're poets, they stop when reach puberty.

Children can write poetry and then, unless they're poets, they stop when reach puberty.



They do not signify, these landscapes of the mind, with their shocking instants of awareness. They merely resonate, like the chemistry of lovers, throughout our solitary lives

They do not signify, these landscapes of the mind, with their shocking instants of awareness. They merely resonate, like the chemistry of lovers, throughout our solitary lives



I kinda always wanted to be an ant.

I kinda always wanted to be an ant.



There was a day when I liked writing letters -- it has gone. Unfortunately the passion for getting them remains.

There was a day when I liked writing letters -- it has gone. Unfortunately the passion for getting them remains.



Swans in the winter air A white perfection have

Swans in the winter air A white perfection have




Quote Description


This page presents the quote "If you can create even the illusion of high profitability for a few years, then when the thing collapses you can walk out of the wreckage a very rich man.". Author of this quote is Paul Krugman. This quote is about men, profitability, illusion, rich man, wreckage, years,.