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.
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About the author
(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.
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