Paul Krugman Quotes
We should try to create the society each of us would want if we didn't know in advance who we'd be.
Krugman, Paul. The Conscience of a Liberal. W. W. Norton & Company, 2007.
The power structure of England and the English administrators of South Africa were strong advocates of racial equality at the beginning of the 19th century. They insisted on equal administration of law. However the Boer white population could think of nothing more absurd. In a sense the Boers were much like the Southern Whites at the same time. The South African government however could not enforce its equality policies in the rural area – the majority of South Africa at the time. When democracy and self rule came to South Africa, the racially moderating force of the English was minimized and the majority of South Africans wanted a racially segregated society. Apartheid resulted.
Paul Robin Krugman is an American economist who is the Distinguished Professor of Economics at the Graduate Center of the City University of New York, and a columnist for The New York Times. In 2008, Krugman was awarded the Nobel Memorial Prize in Economic Sciences for his contributions to New Trade Theory and New Economic Geography. The Prize Committee cited Krugman's work explaining the patterns of international trade and the geographic distribution of economic activity, by examining the effects of economies of scale and of consumer preferences for diverse goods and services.
