No one has more authority to call the economic shots than Paul Krugman. In this long-awaited work, which contains all his most influential recent writings along with new commentary, Krugman chronicles how the boom economy unravelled: how exuberance gave way to pessimism, how the age of corporate heroes gave way to corporate scandals, how fiscal responsibility collapsed. From his account of the secret history of the California energy crisis to his devastating dissections of the dishonesty of the Bush administration, Krugman tells the uncomfortable truth about how the United States lost its way.
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Paul Krugman teaches at Princeton University. He has been called 'the most celebrated economist of his generation' (Economist). He has been named America's most important columnist by Washington Monthly, and Columnist of the Year by Editor and Publisher magazine. He also writes an exceptionally influential twice-weekly column in the New York Times, many of which are included in this book. His previous books include The Return of Depression Economics and The Accidental Theorist.
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