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Paul Krugman Quotes

American - Economist | February 28, 1953 -

Debt is one person's liability, but another person's asset.

Person Debt Liability Asset Another

The problem isn't that people don't understand how good things are. It's that they know, from personal experience, that things really aren't that good.

Good Experience People Good Things

I think so long as fossil fuels are cheap, people will use them and it will postpone a movement towards new technologies.

People Environmental Think Long New

The science fiction world has a lot of people doing seriously imaginative thinking.

Science People World Thinking Doing

The great thing about fiscal policy is that it has a direct impact and doesn't require you to bind the hands of future policymakers.

Future Great Impact Hands You About

Social Security is a social insurance program - it is not designed to be the same thing as a 401(k).

Insurance Security Same Social Thing

I admit it: I had fun watching right-wingers go wild as health reform finally became law.

Health Fun Law Admit Go Wild

I have friends, political scientists, sociologists, who all share an interest at least in certain kinds of science fiction.

Science Political Friends Fiction

I don't think I've had any great success in predicting politics or social change, nor have I really tried.

Change Success Great Politics Think

As I've often said, you can shop online and find whatever you're looking for, but bookstores are where you find what you weren't looking for.

Looking You Find Said Whatever Were

The real danger with debt is what happens if lots of people decide, or are forced, to pay it off at the same time.

Time People Debt Real Same Pay

We know that advanced economies with stable governments that borrow in their own currency are capable of running up very high levels of debt without crisis.

Know Crisis Debt Capable High Own

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