I think so long as fossil fuels are cheap, people will use them and it will postpone a movement towards new technologies.
Paul KrugmanWhen stock prices are rising, it's called ''momentum investing''; when they are falling, it's called ''panic.''
Paul KrugmanSocial Security is a social insurance program - it is not designed to be the same thing as a 401(k).
Paul KrugmanAsset bubbles have happened even without not-so-easy money. And, in a depressed economy, where alternative uses of money are not great, people are going to bid up the prices of profitable corporations and stuff like that.
Paul Krugman