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Paul Krugman

Geburtstag: 28. Februar 1953
Andere Namen: Paul Robin Krugman

Paul Robin Krugman [ˈkɹuːɡmən] ist ein US-amerikanischer Ökonom und Publizist. Er ist Professor für Volkswirtschaftslehre an der Princeton University, Centenary Professor an der London School of Economics, Sachbuchautor und Träger des Alfred-Nobel-Gedächtnispreises für Wirtschaftswissenschaften 2008. Krugman ist Begründer der Neuen Ökonomischen Geographie. In den Vereinigten Staaten ist er besonders durch seine wöchentlichen Kolumnen in der New York Times über Fachkreise hinaus bekannt geworden. Wikipedia

Zitate Paul Krugman

„… 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, buch The Conscience of a Liberal

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

„To fight this recession the Fed needs more than a snapback; it needs soaring household spending to offset moribund business investment. And to do that, as Paul McCulley of Pimco put it, Alan Greenspan needs to create a housing bubble to replace the Nasdaq bubble. Judging by Mr. Greenspan's remarkably cheerful recent testimony, he still thinks he can pull that off. But the Fed chairman's crystal ball has been cloudy lately; remember how he urged Congress to cut taxes to head off the risk of excessive budget surpluses? And a sober look at recent data is not encouraging.“

—  Paul Krugman

"Dubya's Double Dip?" http://www.nytimes.com/2002/08/02/opinion/dubya-s-double-dip.html, The New York Times, 2 August 2002
:It should be noted that Krugman was being sarcastic http://www.cepr.net/index.php/blogs/beat-the-press/when-someone-says-paul-krugman-called-for-greenspan-to-create-a-housing-bubble-back-in-2002-they-are-trying-to-say-that-they-are-either-a-fool-or-a-liar; two weeks later, he wrote an article http://www.nytimes.com/2002/08/16/opinion/mind-the-gap.html warning about the dangers of a housing bubble.
The New York Times Columns

„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.

„Many of those who reject the idea of economic models are ill-informed or even (perhaps unconsciously) intellectually dishonest.“

—  Paul Krugman

Development, Geography, and Economic Theory (1995), Ch. 3. Models and Metaphors

„If there were an Economist's Creed, it would surely contain the affirmations 'I understand the Principle of Comparative Advantage' and 'I advocate Free Trade“

—  Paul Krugman, Is Free Trade Passé?

"Is Free Trade Passé?", The Journal of Economic Perspectives, Vol. 1, No. 2 (Autumn, 1987)

„It has been obvious for quite a while that Sanders — not just his supporters, not even just his surrogates, but the candidate himself — has a problem both in facing reality and in admitting mistakes.“

—  Paul Krugman

Questions of Character http://krugman.blogs.nytimes.com/2016/05/17/democratic-groundhog-day/ (May 17, 2016)
The Conscience of a Liberal blog

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