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Paul Krugman Quotes: 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.


Paul Krugman
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"Paul Krugman Quotes." Quoteslyfe.com, 2024. Sun. 19 May. 2024. <https://www.quoteslyfe.com/quote/Wealthy-Americans-who-benefit-hugely-from-a-941367>.





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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



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.



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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What seems real one moment is fiction the nextand gone out of existence the moment after that.Nostalgia is the greatest enemy of truth, and change our only constancy.

What seems real one moment is fiction the nextand gone out of existence the moment after that.Nostalgia is the greatest enemy of truth, and change our only constancy.



Poetry doesn’t pay. But I need it. And so do you.

Poetry doesn’t pay. But I need it. And so do you.



We might miss the days of being unreachable.

We might miss the days of being unreachable.



We live and we die and anything else is just a delusion.

We live and we die and anything else is just a delusion.



Believe me, religions are on the wrong track the moment they moralize and fulminate commandments. God is not needed to create guilt or to punish. Our fellow men suffice, aided by ourselves.

Believe me, religions are on the wrong track the moment they moralize and fulminate commandments. God is not needed to create guilt or to punish. Our fellow men suffice, aided by ourselves.



The best definition of the word culture (workplaces included) that I've heard is that it's how people behave when nobody is watching.

The best definition of the word culture (workplaces included) that I've heard is that it's how people behave when nobody is watching.



My worst day is still a really good day. I complain, but I catch myself and count my blessings. I am truly blessed.

My worst day is still a really good day. I complain, but I catch myself and count my blessings. I am truly blessed.



I'm really more prolific than most stand-ups. My act changes. I do fold in new experiences, new observations, whatever you want to call it.

I'm really more prolific than most stand-ups. My act changes. I do fold in new experiences, new observations, whatever you want to call it.



I would love to have the power to be the just eternally perfect husband so my wife would always be happy; that would take me to heaven if I could figure that one out.

I would love to have the power to be the just eternally perfect husband so my wife would always be happy; that would take me to heaven if I could figure that one out.




Quote Description


This page presents the quote "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.". Author of this quote is Paul Krugman. This quote is about favors, rigged, wealthy, benefits, hysteria,.