The French, unfortunately, actually believe what they say, and that has been very destructive. Paul Krugman More Quotes by Paul Krugman More Quotes From Paul Krugman We're living in a Dark Age of macroeconomics. Remember, what defined the Dark Ages wasn’t the fact that they were primitive — the Bronze Age was primitive, too. What made the Dark Ages dark was the fact that so much knowledge had been lost, that so much known to the Greeks and Romans had been forgotten by the barbarian kingdoms that followed. Paul Krugman greek age dark Raising the minimum wage and lowering the barriers to union organization would carry a trade-off - higher unemployment. A better idea is to have the government subsidize low-wage employment. The earned-income tax credit for low-income workers - which has been the object of proposed cuts by both President Clinton and congressional Republicans - has been a positive step in this direction. Paul Krugman cutting government philosophy Surely I'm not the only person to ask the obvious question: How different, really, is Mr. Madoff's tale from the story of the investment industry as a whole? Paul Krugman scandal different stories Are you, or is someone you know, a gadget freak? If so, you doubtless know that Wednesday was iPhone 5 day, the day Apple unveiled its latest way for people to avoid actually speaking to or even looking at whoever they're with. Paul Krugman iphone technology funny The public has no idea that the deficit has been falling like a stone. Paul Krugman stones ideas fall Wealthy individuals bought themselves a radical right party, believing - correctly - that it would cut their taxes and remove regulations, but failed to realize that eventually the craziness would take on a life of its own, and that the monster they created would turn on its creators as well as the little people. Paul Krugman cutting party believe The United States in particular and the West in general should be feeling a little embarrassed about all that lecturing we did to the Third World. Paul Krugman investing united-states feelings The science fiction world has a lot of people doing seriously imaginative thinking. Paul Krugman people fiction thinking 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 Paul Krugman technology past years If we discovered that, you know, space aliens were planning to attack and we needed a massive buildup to counter the space alien threat and really inflation and budget deficits took secondary place to that, this slump would be over in 18 months. ... There was a Twilight Zone episode like this in which scientists fake an alien threat in order to achieve world peace. Well, this time, we don't need it, we need it in order to get some fiscal stimulus. Paul Krugman space twilight order There has been plenty to criticize about President Obama’s handling of the economy. Yet the overriding story of the past few years is not Mr. Obama’s mistakes but the scorched-earth opposition of Republicans, who have done everything they can to get in his way - and who now, having blocked the president’s policies, hope to win the White House by claiming that his policies have failed. Paul Krugman winning mistake past I know that when I look at today’s Mexicans and Central Americans, they seem to me fundamentally the same as my grandparents seeking a better life in America. On the other side, however, open immigration can’t coexist with a strong social safety net; if you’re going to assure health care and a decent income to everyone, you can’t make that offer global. So Democrats have mixed feelings about immigration; in fact, it’s an agonizing issue. Paul Krugman issues strong america Whenever you see some business person quoted complaining about how he or she can't find workers with the necessary skills, ask what wage they're offering. Paul Krugman skills offering complaining we should reject the attempt to divert the national conversation away from soaring inequality toward the alleged moral failings of those Americans being left behind. Traditional values aren't as crucial as social conservatives would have you believe and, in any case, the social changes taking place in America's working class are overwhelmingly the consequence of sharply rising inequality, not its cause. Paul Krugman class believe america Republican candidates had to appeal to their base, which is by and large elderly white people arguing with empty chairs. Paul Krugman elderly white people Default is not in our stars, but in ourselves. Paul Krugman astrology good-luck stars The party of ideas has become the party of Beavis and Butthead. Paul Krugman beavis party ideas This is a serious analysis of a ridiculous subject, which is of course the opposite of what is usual in economics. Paul Krugman analysis usual opposites You know that Republicans will yell about the evils of partisanship whenever anyone tries to make a connection between the rhetoric of Beck, Limbaugh, etc. and the violence I fear we’re going to see in the months and years ahead. But violent acts are what happen when you create a climate of hate. And it’s long past time for the GOP’s leaders to take a stand against the hate-mongers. Paul Krugman violent-acts hate past So, very early reports are that Obamacare exchanges are, as expected, having some technical glitches on the first day - maybe even a bit worse than expected, because it appears that volume has been much bigger than predicted. Here’s what you need to know: this is good, not bad, news for the program... Lots of people logging on and signing up on the very first day... is an early indication that it’s going to be fine, that plenty of people will sign up for the first year of health reform. Paul Krugman obamacare people years
