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Paul Krugman Quotes: Surely I'm not the only person to ask the obvious question: How different, really, is Mr. Madoff's tale from the story of the investment industry as a whole?
         

Surely I'm not the only person to ask the obvious question: How different, really, is Mr. Madoff's tale from the story of the investment industry as a whole?


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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Provide for her Future—if you can!—That's my motto!—But a man's just a plain bum who don't provide for his own Past!

Provide for her Future—if you can!—That's my motto!—But a man's just a plain bum who don't provide for his own Past!



Let us all choose to become citizens of humanity rather than citizens of hate

Let us all choose to become citizens of humanity rather than citizens of hate



I am Bourbon as a matter of honour, royalist according to reason and conviction, and republican by taste and character.

I am Bourbon as a matter of honour, royalist according to reason and conviction, and republican by taste and character.



Buying and selling securities on the Stock Exchange do not start new industries. Big business never starts anything new. It merely absorbs, consolidates and profits at the expense of others.

Buying and selling securities on the Stock Exchange do not start new industries. Big business never starts anything new. It merely absorbs, consolidates and profits at the expense of others.



I don't want to be loved. I want to be desired. Love is safety, but desire is foul.

I don't want to be loved. I want to be desired. Love is safety, but desire is foul.



As the lad himself might say, cut my legs off and call me Shorty! Elvis Presley can act...Acting is his assignment in this shrewdly upholstered showcase, and he does it.

As the lad himself might say, cut my legs off and call me Shorty! Elvis Presley can act...Acting is his assignment in this shrewdly upholstered showcase, and he does it.



Do you know, that is the root of the whole trouble - has been one of the roots at any rate - is people hearing things and then imagining some more and magnifying it and multiplying it.

Do you know, that is the root of the whole trouble - has been one of the roots at any rate - is people hearing things and then imagining some more and magnifying it and multiplying it.



You don't want to influence the same system you are trying to forecast.

You don't want to influence the same system you are trying to forecast.



As you get older, you sometimes feel that it's harder and harder to get something new and wonderful to come into your life.

As you get older, you sometimes feel that it's harder and harder to get something new and wonderful to come into your life.



It is man's consolation that the future is to be a sunrise instead of a sunset.

It is man's consolation that the future is to be a sunrise instead of a sunset.




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This page presents the quote "Surely I'm not the only person to ask the obvious question: How different, really, is Mr. Madoff's tale from the story of the investment industry as a whole?". Author of this quote is Paul Krugman. This quote is about investment, industry, madoff, scandal, stories, whole, different, obvious,.