Paul Krugman
Paul Krugman
Paul Robin Krugman is an American economist, Distinguished Professor of Economics at the Graduate Center of the City University of New York, and an op-ed columnist for The New York Times. In 2008, Krugman was awarded the Nobel Memorial Prize in Economic Sciences for his contributions to New Trade Theory and New Economic Geography. The Prize Committee cited Krugman's work explaining the patterns of international trade and the geographic distribution of economic activity, by examining the effects of economies of...
NationalityAmerican
ProfessionJournalist
Date of Birth28 February 1953
CityAlbany, NY
CountryUnited States of America
Paul Krugman quotes about
If you want a simple model for predicting the unemployment rate in the United States over the next few years, here it is: It will be what Greenspan wants it to be, plus or minus a random error reflecting the fact that he is not quite God.
If you want to understand opposition to climate action, follow the money.
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.
Outrageous fiscal mendacity is neither historically normal nor bipartisan. It's a modern Republican thing.
I've always believed in expansionary monetary policy and if necessary fiscal policy when the economy is depressed.
As I've often said, you can shop online and find whatever you're looking for, but bookstores are where you find what you weren't looking for.
Debt is one person's liability, but another person's asset.
The planet will continue to cook.
There's one thing that the Fed has been really good at cracking down on, and that's inflation.