Our stories: morality vs stuff happens (Paul Krugman quotation)

“Everyone loves a morality play. ‘For the wages of sin is death’ is a much more satisfying message than ‘Shit happens.’ We all want events to have meaning.” — Paul Krugman, “How the Case for Austerity had Crumbled,” New York Review of Books, June 5, 2013Krugman is often my source for interesting one-liners or neologisms. […]

Incestuous Amplification (Paul Krugman)

Terminologist and Economist: Paul Krugman at the 2010 Brooklyn Book Festival. (Photo credit: Wikipedia) “Incestuous Amplification.” What a wonderful phrase, which Paul Krugman describes as “a term for how highly dubious ideas become not just accepted, but viewed as certainties. “Incestuous amplification” happen when a closed group of people repeat the same things to each […]