The Accidental Theorist: And Other Dispatches from the Dismal Science

Krugman, Paul

Published by W. W. Norton & Company, 1999
ISBN 10: 0393318877 / ISBN 13: 9780393318876
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"Everything Mr. Krugman has to say is smart, important and even fun to read . . . he is one of a handful of very bright, relatively young economists who do everything well." ― Peter Passell, New York Times Book Review

In this wonderfully cohesive set of sharp and witty essays, Paul Krugman tackles bad economic ideas from across the political spectrum. In plain English, he enlightens us on the Asian crisis, corporate downsizing, and the globalization of the American economy, among other topics. The writing here brilliantly combines the acerbic style and clever analysis that has made Krugman famous. Imagine declaring New York its own country and you get a better picture of our trade balance with China and Hong Kong. Try reducing the economy to the production of hot dogs and buns and you’ll understand why common beliefs about the impact of production efficiency on labor demand are wrong. This is a collection that will amuse, provoke, and enlighten, in classic Paul Krugman style. "[Paul Krugman] writes better than any economist since John Maynard Keynes." ― Rob Norton, Fortune "[Paul Krugman is] probably the most creative economist of his generation." ― The Economist 

Winner of the John Bates Clark Medal

Review: When economics and ideology mix, the results often sound plausible, but in fact can be terribly wrong and lead to ill-conceived and sometimes dangerous economic policy. For several years, Paul Krugman, author of The Accidental Theorist and one of the most celebrated economists of the '90s, has been punching holes in fashionable ideas such as the logic of supply-side economics and the evils of globalization. The Accidental Theorist is a collection of Krugman's best published and unpublished essays that cover everything from the Asian financial crisis to inflation in America.

Krugman's cause is neither left or right; rather it's the pursuit of clear thinking about economics that's unfettered by ideology. He writes, "But we should never be surprised when prominent people say foolish things about economics. The history of economic doctrines teaches us that the influence of an idea may have nothing to do with its quality--that an ideology can attract a devoted following, even come to control the corridors of power, without a shred of logic or evidence in its favor."

If you've read and enjoyed Krugman's regular column for Slate, "The Dismal Science," or have admired his work in the New York Times, The Washington Monthly, and Foreign Affairs, you'll find that the The Accidental Theorist is a must read. The essays in this book reflect a clairvoyant and playful mind that's patient enough to unravel and simplify--not dumb down--the arcane and lofty ideas of economics to something that the rest of us can understand. Highly recommended. --Harry C. Edwards

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Title: The Accidental Theorist: And Other ...
Publisher: W. W. Norton & Company
Publication Date: 1999
Binding: Paperback
Book Condition: Used: Good

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