Quote of the Day
Authors Categories Blog Quote Maker Videos
 

Paul Krugman Quotes: Sometimes economists in official positions give bad advice; sometimes they give very, very bad advice; and sometimes they work at the OECD.
         

Sometimes economists in official positions give bad advice; sometimes they give very, very bad advice; and sometimes they work at the OECD.


Paul Krugman
Check all other quotes by Paul Krugman

Want to display this quote image on your website or blog? Simply copy and paste the below code on your website/blog.

Embed:

Format of this image is jpg. The width and height of image are 1200 and 630, repectively. This image is available for free to download.





Citation

Use the citation below to add this quote to your bibliography:


Styles:

×

MLA Style Citation


"Paul Krugman Quotes." Quoteslyfe.com, 2024. Sat. 27 Apr. 2024. <https://www.quoteslyfe.com/quote/Sometimes-economists-in-official-positions-give-bad-941390>.





Check out


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.





Other quotes you may like


If I love you, is that a fact or a weapon?

If I love you, is that a fact or a weapon?




A chop is a piece of leather skillfully attached to a bone and administered to the patients at restaurants.

A chop is a piece of leather skillfully attached to a bone and administered to the patients at restaurants.



Corporations have neither bodies to kick, nor souls to damn.

Corporations have neither bodies to kick, nor souls to damn.



He who has two cakes of bread, let him dispose of one of them for some flowers of the narcissus; for bread is the food of the body, and the narcissus is the food of the soul.

He who has two cakes of bread, let him dispose of one of them for some flowers of the narcissus; for bread is the food of the body, and the narcissus is the food of the soul.



Being vulnerable and strong is a complicated thing, but that's who we are.

Being vulnerable and strong is a complicated thing, but that's who we are.



We've fallen into a fin-de-siecle period of crisis in which people believe only the things they see right in front of them

We've fallen into a fin-de-siecle period of crisis in which people believe only the things they see right in front of them



Solitude is an excellent laboratory in which to observe the extent to which manners and habits are conditioned by others.

Solitude is an excellent laboratory in which to observe the extent to which manners and habits are conditioned by others.



I was conscious of the fact that it could be to my disadvantage to marry a white guy - that some folks would hold that against me.

I was conscious of the fact that it could be to my disadvantage to marry a white guy - that some folks would hold that against me.




Quote Description


This page presents the quote "Sometimes economists in official positions give bad advice; sometimes they give very, very bad advice; and sometimes they work at the OECD.". Author of this quote is Paul Krugman. This quote is about sometimes, bad advice, advice, giving, work,.