Economist:Paul Krugman: Difference between revisions
Convert citations to Wikipedia reference style with <ref> tags |
Format fix: Single Notable Quotes section, References before Categories |
||
| Line 11: | Line 11: | ||
=== On Productivity Paradox in Digital Age === | === On Productivity Paradox in Digital Age === | ||
"Productivity isn't everything, but in the long run it is almost everything."<ref name="ref_1990_p11_1">Paul Krugman, ''The Age of Diminished Expectations'' (1990), p. 11, MIT Press</ref> | "Productivity isn't everything, but in the long run it is almost everything."<ref name="ref_1990_p11_1">Paul Krugman, ''The Age of Diminished Expectations'' (1990), p. 11, MIT Press</ref> | ||
=== On Innovation Cycles and Market Bubbles === | === On Innovation Cycles and Market Bubbles === | ||
"By 2005 or so, it will become clear that the Internet's impact on the economy has been no greater than the fax machine's."<ref name="ref_1998_1">Paul Krugman, ''Red Herring Magazine'' (1998)</ref> | "By 2005 or so, it will become clear that the Internet's impact on the economy has been no greater than the fax machine's."<ref name="ref_1998_1">Paul Krugman, ''Red Herring Magazine'' (1998)</ref> | ||
=== On Zero Marginal Cost Society === | === On Zero Marginal Cost Society === | ||
"The problem with digital goods is that they have high fixed costs and zero marginal costs."<ref name="ref_2009_p189_1">Paul Krugman, ''The Return of Depression Economics'' (2009), p. 189, W.W. Norton</ref> | "The problem with digital goods is that they have high fixed costs and zero marginal costs."<ref name="ref_2009_p189_1">Paul Krugman, ''The Return of Depression Economics'' (2009), p. 189, W.W. Norton</ref> | ||
=== On Deflation and Central Banking === | |||
"Debt is money we owe to ourselves."<ref name="ref_2015_1">Paul Krugman, ''New York Times'' (2015), February 6, 2015, "Nobody Understands Debt"</ref> | |||
=== On Digital Currency and Monetary Policy === | |||
"Bitcoin is a bubble wrapped in techno-mysticism inside a cocoon of libertarian ideology."<ref name="ref_2018_1">Paul Krugman, ''New York Times'' (2018), January 29, 2018, "Bubble, Bubble, Fraud and Trouble"</ref> | |||
=== On Deflation and Central Banking === | |||
"The real danger is deflation, not inflation."<ref name="ref_2012_p38_1">Paul Krugman, ''End This Depression Now!'' (2012), p. 38, W. W. Norton</ref> | |||
== References == | == References == | ||
| Line 25: | Line 27: | ||
[[Category:Economist]] | [[Category:Economist]] | ||
[[Category:New Keynesian Economics]] | [[Category:New Keynesian Economics]] | ||
Revision as of 20:56, 12 August 2025
Paul Krugman
Biography
American economist and Nobel laureate (2008), columnist for The New York Times.
School of Thought
New Keynesian Economics
Notable Quotes
On Productivity Paradox in Digital Age
"Productivity isn't everything, but in the long run it is almost everything."[1]
On Innovation Cycles and Market Bubbles
"By 2005 or so, it will become clear that the Internet's impact on the economy has been no greater than the fax machine's."[2]
On Zero Marginal Cost Society
"The problem with digital goods is that they have high fixed costs and zero marginal costs."[3]
On Deflation and Central Banking
"Debt is money we owe to ourselves."[4]
On Digital Currency and Monetary Policy
"Bitcoin is a bubble wrapped in techno-mysticism inside a cocoon of libertarian ideology."[5]
On Deflation and Central Banking
"The real danger is deflation, not inflation."[6]
References
- ↑ Paul Krugman, The Age of Diminished Expectations (1990), p. 11, MIT Press
- ↑ Paul Krugman, Red Herring Magazine (1998)
- ↑ Paul Krugman, The Return of Depression Economics (2009), p. 189, W.W. Norton
- ↑ Paul Krugman, New York Times (2015), February 6, 2015, "Nobody Understands Debt"
- ↑ Paul Krugman, New York Times (2018), January 29, 2018, "Bubble, Bubble, Fraud and Trouble"
- ↑ Paul Krugman, End This Depression Now! (2012), p. 38, W. W. Norton