Frases de Paul Krugman

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Paul Krugman

Data de nascimento: 28. Fevereiro 1953
Outros nomes:Paul Robin Krugman

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Paul Robin Krugman é um economista norte-americano, vencedor do Nobel de Economia de 2008. Autor de diversos livros, é também desde 2000 colunista do The New York Times.

Citações Paul Krugman

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„… politics determine who has the power, not who has the truth.“

— Paul Krugman
The Australian Financial Review, 6 September 2010, p. 15, "Time for Obama to abandon caution". Also seen in the Sacramento Bee [http://www.sacbee.com/2010/09/04/3004829/obama-should-aim-high-on-stimulus.html]

„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.“

— Paul Krugman
Ch. 13. [http://books.wwnorton.com/books/detail.aspx?ID=5887 The Conscience of a Liberal]. W. W. Norton & Company. 352 pages ISBN 978-0-393-06069-0, 1st edition (2007)

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„When the economy is in a depression, scarcity ceases to rule. Productive resources sit idle, so that it is possible to have more of some things without having less of others; free lunches are all around. As a result, all the usual rules of economics are stood on their head; we enter a looking-glass world in which virtue is vice and prudence is folly. Thrift hurts our future prospects; sound money makes us poorer. Moreover, that's the kind of world we have been living in for the past several years, which means that it is a kind of world that students should understand. […] Depression economics is marked by paradoxes, in which seemingly virtuous actions have perverse, harmful effects. Two paradoxes in particular stand out: the paradox of thrift, in which the attempt to save more actually leads to the nation as a whole saving less, and the less-well-known paradox of flexibility, in which the willingness of workers to protect their jobs by accepting lower wages actually reduces total employment. […] In times of depression, the rules are different. Conventionally sound policy – balanced budgets, a firm commitment to price stability – helps to keep the economy depressed. Once again, this is not normal. Most of the time we are not in a depression. But sometimes we are – and 2013, when this chapter was written, was one of those times.“

— Paul Krugman
“Depressions are Different”, in Robert M. Solow, ed. Economics for the Curious: Inside the Minds of 12 Nobel Laureates. 2014.

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