A Quote by Paul Krugman

Bad ideas flourish because they are in the interest of powerful groups. — © Paul Krugman
Bad ideas flourish because they are in the interest of powerful groups.
You know the way Washington works. Once you start floating ideas, they are immediately attacked by all the different interest groups before the ideas can be brought to fruition.
For what is important when we give children a theorem to use is not that they should memorize it. What matters most is that by growing up with a few very powerful theorems one comes to appreciate how certain ideas can be used as tools to think with over a lifetime. One learns to enjoy and to respect the power of powerful ideas. One learns that the most powerful idea of all is the idea of powerful ideas.
But all liberals only have empathy for the exact same victims - always the ones that are represented by powerful liberal interest groups.
Oppressed groups are frequently placed in the situation of being listened to only if we frame our ideas in the language that is familiar to and comfortable for a dominant group. This requirement often changes the meaning of our ideas and works to elevate the ideas of dominant groups.
I think it's a very important function of art to challenge accepted reality, especially when that reality is created by powerful interest groups.
It has been shown that public participation can limit powerful interest groups, while competing interests can help find a reasonable balance between development and environmental protection.
Ideas do have consequences in history, yet not because those ideas are inherently truthful or obviously correct but rather because of the way they are embedded in very powerful institutions, networks, interests, and symbols.
Ideas become powerful only if they appear in the flesh; an idea which does not lead to action by the individual and by groups remains at best a paragraph or a footnote in a book.
We are living in a globalised world and most of us are worried stiff about powerful interest groups steadily pushing India towards obscurantist and fundamentalist beliefs and regressive economic policies.
I want to be president because I have the sensitivity, as a woman, to listen. I'm a different candidate... different because I don't belong to powerful, privileged groups, because I'm honest.
Politicians pay more attention to interest groups than to the public interest.
The level of destruction and terror and violence carried out by the powerful states far exceeds anything that can imaginably can be done by groups that are called terrorists and subnational groups.
Homosexuality is regarded as shameful by barbarians and by those who live under despotic governments just as philosophy is regarded as shameful by them, because it is apparently not in the interest of such rulers to have great ideas engendered in their subjects, or powerful friendships or passionate love - all of which homosexuality is particularly apt to produce.
Governments do not necessarily act in the national interest, especially when making detailed microeconomic interventions. Instead, they are influenced by interest group pressures. The kinds of interventions that new trade theory suggests can raise national income will typically raise the welfare of small, fortunate groups by large amounts, while imposing costs on larger, more diffuse groups.
The fundamentals of the token model are valuable and powerful. They allow communities to govern themselves, their economics, and rally a community in powerful ways that will allow open systems to flourish in a way that was previously impossible.
Big companies have trouble with innovation. Innovation is about bad ideas, or ideas that look like bad ideas. That's the fundamental thing.
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