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Paul Krugman Quotes: There's nothing magic about spending on tanks and bombs rather than roads and bridges.
         

There's nothing magic about spending on tanks and bombs rather than roads and bridges.


Paul Krugman
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"Paul Krugman Quotes." Quoteslyfe.com, 2024. Thu. 18 Apr. 2024. <https://www.quoteslyfe.com/quote/There-s-nothing-magic-about-spending-on-941418>.





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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 shall take great care not to annoy the horse and spoil his friendly charm, for it is like the scent of a blossom - once lost it will never return

We shall take great care not to annoy the horse and spoil his friendly charm, for it is like the scent of a blossom - once lost it will never return



Sometimes an hour of Fate's serenest weather Strikes through our changeful sky its coming beams; Somewhere above us, in elusive ether, Waits the fulfilment of our dearest dreams.

Sometimes an hour of Fate's serenest weather Strikes through our changeful sky its coming beams; Somewhere above us, in elusive ether, Waits the fulfilment of our dearest dreams.



It's very dependent on your state of mind. And your emotional state as well. And a lot of it comes pouring out, you don't really have that much control with it.

It's very dependent on your state of mind. And your emotional state as well. And a lot of it comes pouring out, you don't really have that much control with it.



The more abstract the truth you wish to teach, the more must you allure the senses to it.

The more abstract the truth you wish to teach, the more must you allure the senses to it.



I'm passionately opposed to the nuclear family, with its mom and dad and their 2.4 children. I think it's the most neurotic life-style ever developed.

I'm passionately opposed to the nuclear family, with its mom and dad and their 2.4 children. I think it's the most neurotic life-style ever developed.



He is praised by some, blamed by others.

He is praised by some, blamed by others.



Im really into the indie-music scene and listen to a lot of De La Soul.

Im really into the indie-music scene and listen to a lot of De La Soul.



For many of us the great danger is not that we will renounce our faith. It is that we will become so distracted and rushed and preoccupied that we will settle for a mediocre version of it.

For many of us the great danger is not that we will renounce our faith. It is that we will become so distracted and rushed and preoccupied that we will settle for a mediocre version of it.



I have learned to like myself for the first time and to have some serenity.

I have learned to like myself for the first time and to have some serenity.



It's semi-frustrating when your name actually becomes a synonym for douchebag.

It's semi-frustrating when your name actually becomes a synonym for douchebag.




Quote Description


This page presents the quote "There's nothing magic about spending on tanks and bombs rather than roads and bridges.". Author of this quote is Paul Krugman. This quote is about spending, magic, tanks, bridges, bombs,.