Paul Krugman - The appeal to the intellectually insecure is also more important...

The appeal to the intellectually insecure is also more important than it might seem. Because economics touches so much of life, everyone wants to have an opinion. Yet the kind of economics covered in the textbooks is a technical subject that many people find hard to follow. How reassuring, then, to be told that it is all irrelevant -- that all you really need to know are a few simple ideas! Quite a few supply-siders have created for themselves a wonderful alternative intellectual history in which John Maynard Keynes was a fraud, Paul Samuelson and even Milton Friedman are fools, and the true line of deep economic thought runs from Adam Smith through obscure turn-of-the-century Austrians straight to them.

Paul Krugman

They Said So®

Paul Krugman Quotes

;

The appeal to the intellectually insecure is also more important than it might seem. Because economics touches so much of life, everyone wants to have an opinion. Yet the kind of economics covered in the textbooks is a technical subject that many people find hard to follow. How reassuring, then, to be told that it is all irrelevant -- that all you really need to know are a few simple ideas! Quite a few supply-siders have created for themselves a wonderful alternative intellectual history in which John Maynard Keynes was a fraud, Paul Samuelson and even Milton Friedman are fools, and the true line of deep economic thought runs from Adam Smith through obscure turn-of-the-century Austrians straight to them. Paul Krugman

They Said So®

Keywords

appeal intellectually insecure important economics touches life opinion kind covered textbooks technical subject people find hard follow reassuring told irrelevant -- simple ideas supply-siders created wonderful alternative intellectual history john maynard keynes fraud paul samuelson milton friedman fools true line deep economic thought runs adam smith obscure turn- - -century austrians straight

Explore other Authors

William Ralph Inge

Edith Sitwell

Tae Yun Kim

Maxwell Maltz

Chelsea Clinton

Leonardo da Vinci

Kate Smith

Alfred Russel Wallace

Abigail Van Buren

Publilius Syrus

Layne Staley

Wil Wheaton

If you are using this quote in any webpage , printmedia or any other places please use the following methods to cite this quotation.

MLA Style Citation

"A quote by Paul Krugman" theysaidso.com, 2024. Apr 19, 2024. https://theysaidso.com/quote/paul-krugman-the-appeal-to-the-intellectually-insecure-is-also-more-important-th

APA Style Citation

"A quote by Paul Krugman" (n.d.). theysaidso.com. Retrieved Apr 19, 2024, from theysaidso.com web site : https://theysaidso.com/quote/paul-krugman-the-appeal-to-the-intellectually-insecure-is-also-more-important-th

Chicago Style Citation

"A quote by Paul Krugman". theysaidso.com, 2024. https://theysaidso.com/quote/paul-krugman-the-appeal-to-the-intellectually-insecure-is-also-more-important-th , accessed Apr 19, 2024.

Comments

Authentication required

You must log in to post a comment.

There are no comments yet.