“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.” ShouldBelieveAmericaValuesLeftSocialCausesBehindsMoralClassCasesFailingConversationConsequenceTraditionalInequalityRisingRejectsCrucialWorking ClassSoarSocial ChangeLeft BehindTraditional Values Author:Paul Krugman
“The French, unfortunately, actually believe what they say, and that has been very destructive.” BelieveHas BeensDestructive Author:Paul Krugman
“I think if you're a liberal, you believe that we all are, at least to some extent, our brothers' keepers, you really believe that we have a sumptuary responsibility to make sure that life is decent for everybody in America, that you believe that society out to be broadly shared, and you believe that you can't have a real democracy unless you have a little bit, at least, of economic democracy.” IfsThinkingBelieveLittlesRealAmericaLife IsBitsResponsibilityDemocracyEconomicBrotherLittle BitDecentKeepers Author:Paul Krugman
“Coming up with a good idea, with an insight into the way the world works that is really new and that you really believe in, is a deeply satisfying experience.” WorldWayBelieveIdeasInsightSatisfyingGood Ideas Author:Paul Krugman
“I believe in a relatively equal society, supported by institutions that limit extremes of wealth and poverty. I believe in democracy, civil liberties, and the rule of law. That makes me a liberal, and I’m proud of it.” BelieveLawPoliticalI BelieveWealthLibertyPovertyDemocracyProudLimitsEqualInstitutionsExtremesI Believe InRule Of LawCivil LibertiesWealth And Poverty Author:Paul Krugman
“These days, however, the main problem comes from the right - from conservatives who, unlike most economists, really do think that the free market is always right - to such an extent that they refuse to believe even the most overwhelming scientific evidence if it seems to suggest a justification for government action.” IfsThinkingBelieveProblemSeemsGovernmentActionEvidenceRefuseLibertarianThese DaysOverwhelmingJustificationEconomistFree MarketScientific Evidence Author:Paul Krugman
“Seven habits that help produce the anything-but-efficient markets that rule the world. 1. Think short term. 2. Be greedy. 3. Believe in the greater fool 4. Run with the herd. 5. Overgeneralize 6. Be trendy 7. Play with other people's money” PeopleThinkingWorldBelievePlayHelpingRunningTermGreaterProduceFoolHabitSevenLibertarianEfficientGreedyShort TermHerdsTrendySeven HabitsEfficient Markets Author:Paul Krugman
“I believe that the only important structural obstacles to world prosperity are the obsolete doctrines that clutter the minds of men.” MenWorldMindBelieveImportantI BelieveProsperityObstaclesDoctrineObsoleteClutter Author:Paul Krugman
“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.” PeopleBelieveWellsLittlesTurnsIndividualRealizingPartyCuttingTaxesCreatorMonstersRadicalRemoveWealthyRegulationTurn-onCraziness Author:Paul Krugman