Paul Krugman

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

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.

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.

Bad ideas flourish because they are in the interest of powerful groups.

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

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

But Wall Street people are in fact very smart; they're funny, they're not company men who work their way up the chain.

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

The important thing to understand is that the case for pollution control isn't based on some kind of aesthetic distaste for industrial society. Pollution does real, measurable damage, especially to human health.

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

Rising inequality isn't about who has the knowledge; it's about who has the power.

Debt is one persons liability but another persons asset.

The planet will continue to cook.

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.

Economics is not a morality play.

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.

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

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

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