FastSaying

unsustainable situations usually go on longer than most economists think possible. But they always end, and when they do, it's often painful.

Paul Krugman

EconomistsLongerPossibleSituationsThinkUsuallyWhen

Related Quotes

I think so long as fossil fuels are cheap, people will use them and it will postpone a movement towards new technologies.
— Paul Krugman
CheapFossilFossil Fuels
I don't think I've had any great success in predicting politics or social change, nor have I really tried.
— Paul Krugman
AnyChangeGreat
We're not going to tell you when they break out. There is a larger canvas here, and it's longer than a season. It stretches to two and three.
— Paul Scheuring
BreakCanvasLarger
When she's want to accomplish something, she usually does.
— Debbie Ball
AccomplishUsuallyWhen
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.
— Paul Krugman
ExperienceGoodGood Things