A Few Misquotations from Paul Krugman's New Book

These misquotations are from End This Depression Now!, Paul Krugman's latest book.

In this first quotation, I merely changed one thing, and I think it made a big improvement:

"And it's very much the wrong question to ask when the economy is depressed even though the Fed has cut the interest rates it can control all the way to zero—that is, when we're in a liquidity trap, which we were in when [Niall] Ferguson delivered those remarks (at a conference sponsored by PEN and the New York Review of Books and which we are still in today)."

And here is Krugman on the origins of the European Union.  I haven't changed anything!

"The experiment began in 1951, with the creation of the European Coal and Steel Community.  Don't let the prosaic name fool you:  this was a highly idealistic attempt to make war within Europe."

Paul Krugman, always a delight.