The Return of Depression Economics and the Crisis of 2008 - Softcover

Krugman, Paul R

Softcover

ISBN 10: 1846142393 ISBN 13: 9781846142390

Publisher: Penguin Group, 2009

Synopsis

Paul krugman, winner of the 2008 nobel prize in economics, shows how todays crisis parallels the events that caused the great depression - and explains what it will take to avoid catastrophe in 1999, in the return of depression economics, paul krugman surveyed the economic crises that had swept across asia and latin america, and warned 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 comebackin 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 us 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 krugmans 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

About this title

About the Author:

Paul Krugman is the recipient of the 2008 Nobel Prize in Economics. He is a best-selling author, columnist, and blogger for the New York Times, and is a professor of economics and international affairs at Princeton University.

From AudioFile:

Are you afraid we're headed back to the past and the Great Depression? Don Leslie will pull you right to the edge of your seat with his rendering of Krugman's second iteration of his primer on global economics since the beginning of the twentieth century. Leslie sounds more like Krugman than Krugman--a real audio pro. And Krugman's terrific writing is oh-so beautifully complemented by this superb narrator's sense of timing and proportion. Close your eyes and you're in a Princeton lecture hall listening to a Nobel Prize winner. This book is for anyone interested in how we got here and how we might get ourselves out of this mess. It's likely to become a cornerstone of college curricula dealing with world economics. M.C. © AudioFile 2009, Portland, Maine

About this edition

• Publisher: Penguin Group
• Publication date: 2009
• ISBN 10: 1846142393
• ISBN 13: 9781846142390
• Binding: Paperback
• Edition number: 2
• Number of pages: 191