Paul Krugman Economics Quotations

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.

The economics profession went astray because economists, as a group, mistook beauty, clad in impressive-looking mathematics, for truth.

Friedrich Hayek is not an important figure in the history of macroeconomics.

Economics is not a morality play.