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Quote by Paul Krugman

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The Great Unraveling: Losing Our Way in the New Century

This book gathers newspaper columns and essays offering perspective on economic policy, political developments, and social change in the United States during a period of significant transition. The author applies economic analysis to current events, exploring how policy choices and political movements shape the nation's trajectory. more

Author

Paul Krugman
Paul Krugman

Paul Krugman is a renowned economist known for his contributions to macroeconomic policy and international trade. He won the Nobel Prize in Economics in 1991 and is considered one of the leading figures in the New Keynesian economics school. more

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“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.”