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Paul Krugman Quotes: 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.


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.



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.



I think so long as fossil fuels are cheap, people will use them and it will postpone a movement towards new technologies.

I think so long as fossil fuels are cheap, people will use them and it will postpone a movement towards new technologies.





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Just know your lines and don't bump into the furniture.

Just know your lines and don't bump into the furniture.



There is no better example for our children, then the one we set before them every day

There is no better example for our children, then the one we set before them every day



Life experience brings out different emotions and different perspectives on things. I just want to be constantly evolving.

Life experience brings out different emotions and different perspectives on things. I just want to be constantly evolving.



To give away money is an easy matter and in any man's power. But to decide to whom to give it and how large and when, and for what purpose and how, is neither in every man's power nor an easy matter.

To give away money is an easy matter and in any man's power. But to decide to whom to give it and how large and when, and for what purpose and how, is neither in every man's power nor an easy matter.



The Christian religion teaches us to imitate a God that is cruel, insidious, jealous, and implacable in his wrath.

The Christian religion teaches us to imitate a God that is cruel, insidious, jealous, and implacable in his wrath.



The greatest accomplishment of a bartender lies in his ability to exactly suit his customer. . .

The greatest accomplishment of a bartender lies in his ability to exactly suit his customer. . .



But who could bear to know which stars were already dead, she thought, blinking up at the night sky; could anybody stand to know that they all were?

But who could bear to know which stars were already dead, she thought, blinking up at the night sky; could anybody stand to know that they all were?



For me writing and filmmaking is a therapeutic process. It reflects themes that I'm going through at a time in my life.

For me writing and filmmaking is a therapeutic process. It reflects themes that I'm going through at a time in my life.



The tragedy of the man not set up for tragedy ? that is every man?s tragedy.

The tragedy of the man not set up for tragedy ? that is every man?s tragedy.



I'd live in Glasgow if I could. I can't praise it enough; it's the nicest place I have ever worked and I've worked in a lot of nice places.

I'd live in Glasgow if I could. I can't praise it enough; it's the nicest place I have ever worked and I've worked in a lot of nice places.




Quote Description


This page presents the quote "Middle-class societies don't emerge automatically as an economy matures, they have to be CREATED through political action.". Author of this quote is Paul Krugman. This quote is about class, action, middle, political, economy,.