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Paul Krugman Quotes: In short, it's a great economy if you're a high-level corporate executive or someone who owns a lot of stock. For most other Americans, economic growth is a spectator sport.
         

In short, it's a great economy if you're a high-level corporate executive or someone who owns a lot of stock. For most other Americans, economic growth is a spectator sport.


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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We're children. We're supposed to be childish.

We're children. We're supposed to be childish.



It is better not to say "lend." There is only giving.

It is better not to say "lend." There is only giving.



Let go of yesterday. Let today be a new beginning and be the best that you can, and you'll get to where God wants you to be.

Let go of yesterday. Let today be a new beginning and be the best that you can, and you'll get to where God wants you to be.



All institutions have lapses, even great ones, especially by individual rogue employees - famously in recent years at The Washington Post, The New York Times, and the three original TV networks.

All institutions have lapses, even great ones, especially by individual rogue employees - famously in recent years at The Washington Post, The New York Times, and the three original TV networks.



Grab a pen and put down some words - your name even - and a title: something to see, to revise, to carve, to do over in the opposite way

Grab a pen and put down some words - your name even - and a title: something to see, to revise, to carve, to do over in the opposite way



The measure of performance of any given agent is the amount of money it accumulates through its actions.

The measure of performance of any given agent is the amount of money it accumulates through its actions.



If you've got it, wear it.

If you've got it, wear it.


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The only way I can stop people from stealing is also not to steal myself, and it's one of the most difficult things.

The only way I can stop people from stealing is also not to steal myself, and it's one of the most difficult things.



The best drink I've ever had was a mojito in St. Barts at Nikki Beach. That drink changed my life.

The best drink I've ever had was a mojito in St. Barts at Nikki Beach. That drink changed my life.



The control of large numbers is possible, and like unto that of small numbers, if we subdivide them.

The control of large numbers is possible, and like unto that of small numbers, if we subdivide them.




Quote Description


This page presents the quote "In short, it's a great economy if you're a high-level corporate executive or someone who owns a lot of stock. For most other Americans, economic growth is a spectator sport.". Author of this quote is Paul Krugman. This quote is about corporate, economic growth, sports, economy, levels, growth,.