213 Quotes by Paul Krugman

What saved the economy, and the New Deal was the enormous public-works project known as World War II, which finally provided a fiscal stimulus adequate to the economy’s needs.

And that’s just the beginning. More and more, conventional wisdom says that the responsible thing is to make the unemployed suffer. And while the benefits from inflicting pain are an illusion, the pain itself will be all too real.

Middle-class societies don’t emerge automatically as an economy matures, they have to be CREATED through political action.

Outrageous fiscal mendacity is neither historically normal nor bipartisan. It’s a modern Republican thing.

America’s political landscape is infested with many zombie ideas – beliefs about policy that have been repeatedly refuted with evidence and analysis but refuse to die. The most prominent zombie is the insistence that low taxes on rich people are the key to prosperity.

There’s nothing magic about spending on tanks and bombs rather than roads and bridges.