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Paul Krugman Quotes: What saved the economy, and the New Deal, was the enormous public works project known as World War II, which finally provided a fiscal stimulus adequate to the economy’s needs.
         

What saved the economy, and the New Deal, was the enormous public works project known as World War II, which finally provided a fiscal stimulus adequate to the economy’s needs.


Paul Krugman
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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.



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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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Pointing to another world will never stop vice among us

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I seem to be torn between 'I wish we'd met earlier' and 'I wish we'd never met'.

I seem to be torn between 'I wish we'd met earlier' and 'I wish we'd never met'.



This is your chance. Are you going to cower and make excuses or are you going to do what you really want to do?

This is your chance. Are you going to cower and make excuses or are you going to do what you really want to do?



My life has been full of terrible misfortunes most of which never happened.

My life has been full of terrible misfortunes most of which never happened.



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Some people pray just to pray and some people pray to know God.



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In a very real way, ownership is the essence of leadership. When you are ridiculously in charge, then you own whatever happens in a company, school, et cetera.



Every woman in her late 20s goes through a period where she just doesn't believe love is out there anymore, but it is. And I think the minute you stop looking for it is when it comes for you.

Every woman in her late 20s goes through a period where she just doesn't believe love is out there anymore, but it is. And I think the minute you stop looking for it is when it comes for you.



We are always living in the final days. What have you got? A hundred years or much, much less until the end of your world.

We are always living in the final days. What have you got? A hundred years or much, much less until the end of your world.



Winning is about taking your opponent's heart out and squeezing it until all the blood has come out, even the very last drop. There are no prizes for a funny loser.

Winning is about taking your opponent's heart out and squeezing it until all the blood has come out, even the very last drop. There are no prizes for a funny loser.



The sun has already set on the days we made those choices. We must concentrate on what we can do tomorrow; we can't relive yesterday.

The sun has already set on the days we made those choices. We must concentrate on what we can do tomorrow; we can't relive yesterday.




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This page presents the quote "What saved the economy, and the New Deal, was the enormous public works project known as World War II, which finally provided a fiscal stimulus adequate to the economy’s needs.". Author of this quote is Paul Krugman. This quote is about enormous, world war ii, stimulus, saved, adequate, needs, known, new deal, war,.