Paul Krugman Quotes About Growth

Quotes about: Growth

• The growth of the Internet will slow drastically, as the flaw in 'Metcalfe's law'–which states that the number of potential connections in a network is proportional to the square of the number of participants–becomes apparent: most people have nothing to say to each other! By 2005 or so, it will become clear that the Internet's impact on the economy has been no greater than the fax machine's.

  Paul Krugman

  Impact, Squares, Law

  "Paul Krugman Responds To All The People Throwing Around His Old Internet Quote" by Jay Yarow, www.businessinsider.com. December 30, 2013.

• For most Americans, economic growth is a spectator sport.

  Paul Krugman

  Sports, Growth, Economic

• In short, it's a great economy if you're a high-level corporate executive or someone who owns a lot of stock. For most other Americans, economic growth is a spectator sport.

  Paul Krugman

  Sports, Growth, Levels

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