Paul Krugman

“The raw fact is that every successful example of economic development this past century... has taken place via globalization.”

“Productivity isn't everything, but in the long run it is almost everything.”

“Politics determines who has the power, not who has the truth.”

“The uncomfortable truth is that the wealthy few are pulling away from the rest of America, and the gap in incomes and wealth is wider than it has been in almost a century.”

“A country is not a company.”

“If we are going to have a trade war, we might as well win it.”

“I believe in a relatively equal society, supported by institutions that limit the 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.”

“Health care is not a normal commodity. It's a right.”

“Austerity is a fiscal train wreck.”

“Bubbles are best identified by hindsight.”

“The desire for revenge is a powerful force in human nature.”

“So what are the effects of increasing minimum wages? Any Econ 101 student can tell you the answer: The minimum wage is a price floor. If it is set above the market equilibrium price for unskilled labor, it will cause unemployment.”

“The growth of the Internet will slow drastically.”

“Most of my colleagues go astray because they still think of economics as being about logic and reason.”

“If you are a liberal, anything you say is wisdom. If you are a conservative, anything you say is ideology.”

“When it comes to the economy, the truth is that there are no miracles.”

“Economics is not a morality play.”