Paul Krugman
(born 1953) is an American economist and Nobel Prize laureate known for his work in international economics and trade theory. He is also a columnist and public intellectual, writing on economic policy and global issues. Krugman’s insights have influenced both academic research and public debate. His work emphasizes economic growth, inequality, and globalization. Paul Krugman continues to shape economic thought and policy discussions worldwide.
10 quotes in this collection. Read them below, share your favourites, or follow the related links to explore similar voices.
All quotes by Paul Krugman
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“Economics is not a morality play.”
Meaning: Economic systems are complex and not purely about right or wrong. -
“Understanding economics is essential to understanding the modern world.”
Meaning: Economic systems shape society and daily life. -
“Economic policy is not about ideology; it's about results.”
Meaning: Practical outcomes matter more than theoretical beliefs. -
“We are all dead in the long run.”
Meaning: Immediate concerns should not be ignored for distant outcomes. -
“Ideas are more powerful than we commonly understand.”
Meaning: Concepts and theories shape real-world outcomes. -
“Bad economics is the root of much evil.”
Meaning: Poor economic decisions can lead to serious problems. -
“The problem isn't that people don't understand how good things are; it's that they know how bad things could be.”
Meaning: Fear of uncertainty influences perception more than current reality. -
“Productivity isn't everything, but in the long run it is almost everything.”
Meaning: Economic growth depends heavily on productivity over time. -
“The long run is a misleading guide to current affairs.”
Meaning: Short-term realities matter in decision-making. -
“The truth is that the right policies can boost growth.”
Meaning: Government decisions significantly impact economic outcomes.