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" I don't think I've had any great success in predicting politics or social change, nor have I really tried. "
Paul Krugman
Politics
Great
Change
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" I admit it: I had fun watching right-wingers go wild as health reform finally became law. "
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" Debt is one person's liability, but another person's asset. "
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" 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. "
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" I have friends, political scientists, sociologists, who all share an interest at least in certain kinds of science fiction. "
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" 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. "
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" But Wall Street people are in fact very smart; they're funny, they're not company men who work their way up the chain. "
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" Social Security is a social insurance program - it is not designed to be the same thing as a 401(k). "
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" 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. "
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" The real danger with debt is what happens if lots of people decide, or are forced, to pay it off at the same time. "
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" 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. "
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" I think so long as fossil fuels are cheap, people will use them and it will postpone a movement towards new technologies. "
Paul Krugman
New
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