The Great Recession is more than four years old—and counting. Yet, as Paul Krugman points out in this powerful volley, "Nations rich in resources, talent, and knowledge—all the ingredients for prosperity and a decent standard of living for all—remain in a state of intense pain."
How bad have things gotten? How did we get stuck in what now can only be called a depression? And above all, how do we free ourselves? Krugman pursues these questions with his characteristic lucidity and insight. He has a powerful message for anyone who has suffered over these past four years—a quick, strong recovery is just one step away, if our leaders can find the "intellectual clarity and political will" to end this depression now.
Publisher: WW Norton & Co
ISBN: 9780393345087
Number of pages: 288
Dimensions: 208 x 142 x 20 mm
Weight: 230 g
Language: English
"Paul Krugman is stepping up to play the kind of role that John Maynard Keynes performed in the 1930s." - Dissent
"A thoroughly persuasive polemic against premature fiscal austerity in the wake of a deep recession." - Financial Times
"[Krugman] makes an urgent, even passionate case that our economic problems are, at root, fairly simple, and we have the knowledge and the tools to solve them." - Rolling Stone
"An important contribution to the current study of economics and a reason for hope that effective solutions will be implemented again." - Kirkus Reviews
The dismal science. It has lots of different ways of explaining how the economic and therefore real world works, but most of them are very wrong a lot of the time.
However Krugman has a way of putting across his...
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If you wnat to pass it on, why not give it to your MP?
Also, PK has a good Blog and some pretty trenchant remarks about Niall Ferguson:http://preview.tinyurl.com/c9yzjs
*A full executive-style summary of this book is now available at newbooksinbrief dot wordpress dot com
Since the housing and financial crash of 2008, America's economy has been stuck deep in the doldrums....
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