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Paul Krugman Quotes: We know that advanced economies with stable governments that borrow in their own currency are capable of running up very high levels of debt without crisis.
         

We know that advanced economies with stable governments that borrow in their own currency are capable of running up very high levels of debt without crisis.


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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The majority of boys think the highest form of creativity is weeing a pattern into snow.

The majority of boys think the highest form of creativity is weeing a pattern into snow.



I am sensible that to own an inclination for a man is to put one's self wholly in his power

I am sensible that to own an inclination for a man is to put one's self wholly in his power



To come so far, to lose so much and to find nothing. -Jing-mei

To come so far, to lose so much and to find nothing. -Jing-mei



I love meeting people who've read my books. The prime reason to be on the planet is to make things I can show to other people: paintings, books, movies.

I love meeting people who've read my books. The prime reason to be on the planet is to make things I can show to other people: paintings, books, movies.



Oh, how miserable it is to have no one to share your sorrows and joys, and, when your heart is heavy, to have no soul to whom you can pour out your woes.

Oh, how miserable it is to have no one to share your sorrows and joys, and, when your heart is heavy, to have no soul to whom you can pour out your woes.



We can serve our customers well only if our buying jobs are right. You cannot sell if you haven't ordered wanted goods into your store.

We can serve our customers well only if our buying jobs are right. You cannot sell if you haven't ordered wanted goods into your store.



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I love a good pop song. I have no problem with the concept of doing that sort of thing. For me, it's usually what I'm inspired by, what I'm thinking about.



I've always got on very well with the French, perhaps because I'm very natural.

I've always got on very well with the French, perhaps because I'm very natural.



Anyone who's lived their life to the fullest extent has a scandal buried somewhere.

Anyone who's lived their life to the fullest extent has a scandal buried somewhere.




Quote Description


This page presents the quote "We know that advanced economies with stable governments that borrow in their own currency are capable of running up very high levels of debt without crisis.". Author of this quote is Paul Krugman. This quote is about government, stable, currency, levels, crisis, debt, running, capable,.