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The Return of Depression Economics and the Crisis of 2008 Books
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Binding: Hardcover
Dewey Decimal Number: 330.9
EAN: 9780393071016
ISBN: 0393071014
Label: W. W. Norton
Manufacturer: W. W. Norton
Number Of Items: 1
Number Of Pages: 224
Publication Date: December 01, 2008
Publisher: W. W. Norton
Studio: W. W. Norton






Editorial Review:

Product Description:


In 1999, in The Return of Depression Economics, Paul Krugman surveyed the economic crises that had swept across Asia and Latin America, and pointed out that those crises were a warning for all of us: like diseases that have become resistant to antibiotics, the economic maladies that caused the Great Depression were making a comeback. In the years that followed, as Wall Street boomed and financial wheeler-dealers made vast profits, the international crises of the 1990s faded from memory. But now depression economics has come to America: when the great housing bubble of the mid-2000s burst, the U.S. financial system proved as vulnerable as those of developing countries caught up in earlier crises and a replay of the 1930s seems all too possible.



In this new, greatly updated edition of The Return of Depression Economics, Krugman shows how the failure of regulation to keep pace with an increasingly out-of-control financial system set the United States, and the world as a whole, up for the greatest financial crisis since the 1930s. He also lays out the steps that must be taken to contain the crisis, and turn around a world economy sliding into a deep recession. Brilliantly crafted in Krugman's trademark style--lucid, lively, and supremely informed--this new edition of The Return of Depression Economics will become an instant cornerstone of the debate over how to respond to the crisis.





Customer Reviews
Average Rating:  out of 5 stars

Rating: 5 out of 5 stars - Necessary reading
This is a necessary book for all those who are interested in economics and want to understand what is happening right now



Rating: 5 out of 5 stars - Understanding the current downturn
Excellent book. If you want to understand the current economic downturn, this is the book to read. Lrugman is a teacher when he writes and abstruse economics is a stranger to his pages.



Rating: 5 out of 5 stars - Outstanding!
Extremely readable explanation of the current US economic crisis, in historical context. Paul Krugman makes a strong case for his prescription to get our economy back on a sustainable track.



Rating: 5 out of 5 stars - Provides a good understanding of modern economic collapses
Provides a good understanding of modern economic collapses of other countries: tiawan, japan, singapore, argentina, mexico, and russia. lessons on how to pull out of a slump or how to make them worse.



Rating: 5 out of 5 stars - Necessary information
Excellant information which every informed citizen needs. Krugman makes economics understandable. A must read.





 

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