Friday, October 17, 2008

Meeting Krugman in 1998 - Views - livemint.com

Meeting Krugman in 1998 - Views - livemint.com: "Krugman wrote somewhere at the end of this book in the same vein: “The truth is that pride is a luxury none of us can afford in a world that has turned out to pose unsuspected risks… Even more important than pride as an obstacle to sensible action, however, is prejudice—by which I mean the adherence of too many influential people to orthodox views about economic policy that are no longer relevant to our changed world.”"

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