Paul Krugman Quotes

When depression economics prevails, the usual rules of economic policy no longer apply: virtue becomes vice, caution is risky and prudence is folly.

Paul Krugman

Quotes to Explore

It is so hard to make important decisions that we have a great urge to reduce them to rules.

Ian Hacking
- Great
- Important
- Rules
When you're in a songwriting class, and you write a song, and you hand it in to a teacher to grade, I'm still going to say that it's a really awesome song whether I got an A or a D. I learned to stick to my guns and take the tools as tools and not as rules.

Madi Diaz
- Song
- Hand
- Teacher
Global governance cannot be limited to the crafting of instruments related to the promotion of democracy. A key component must be the creation of fair and equitable rules to enhance the development prospects of developing countries.

Kamla Persad-Bissessar
- Democracy
- Rules
- Key
If I was involved with the NFL, I'd seriously consider adopting some of the rules used in Canada. I've heard, unofficially, of course, some NFL club owners have talked about adding a feature or two. The NFL went for the two-point conversion. Professional sport is entertainment, and the CFL, I believe, is ahead of the NFL in that regard.

Pat Gillick
I grew up, until age 6, in Chicago. My parents rented their apartment and, at the end of the Depression, my parents wanted to replicate that situation. So, again, we lived in a somewhat suburban setting outside of New York City, and again, they rented.

Edmund Phelps
- Up
- Age
- Parents
The process for producing public policy in Congress is flawed. The process itself kills policy ideas through the bypassing of the rules and procedural decisions that limit discussion.

Dan Webster
- Ideas
- Rules
- Decisions