But Wall Street people are in fact very smart; they're funny, they're not company men who work their way up the chain.
Paul KrugmanI'm not sure that the current value of the NASDAQ is justified, but I'm not sure that it isn't.
Paul Krugman...instead it seems that business - like weight loss - is a subject wherein hope and fear inspire limitless gullibility.
Paul KrugmanYes, over the centuries economic progress has reduced some gross disparities - modern Americans are relatively unlikely to simply starve to death (though it can happen), so in that sense the gap between rich and poor has narrowed. But the question isn't whether society is, in some sense, more equal than it was in 1900. It's whether it is radically more unequal than it was in 1970. And of course it is.
Paul Krugman