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The Return of Depression Economics and the Crisis of 2008 Hardcover – December 1, 2008
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"Warlight" by Michael Ondaatje
A dramatic coming-of-age story set in the decade after World War II, "Warlight" is the mesmerizing new novel from the best-selling author of "The English Patient." Learn more
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“The most celebrated economist of his generation.” — The Economist
“Krugman’s facility with both arcane details and vast unified explanations boils down complexity so much that the reader often wonders: Why didn’t I see it that way myself?” — Boston Globe
About the Author
Paul Krugman is the recipient of the 2008 Nobel Prize in Economics. He writes a twice-weekly op-ed column for the New York Times and a blog named for his 2007 book, The Conscience of Liberal. He teaches economics at Princeton University.
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I would love to give five star to this book however I felt that would not be honest. I hope Paul is reading this comment so he can reply back at the NY Times. I loved the example about baby-sitting; that was brilliant; however; at the beginning and at the end of the book Paul stated that the solution was printing more coupons to solve the liquidity problem. I believe he avoided discussing the issue at length because he believes a modest inflation is good. I strongly disagree; I believe inflation will hit the roof to deflate the bubble we are in. I don't believe it would be a bad thing since everything has been inflated and that will encourage exports, however, I wish if he advocated this strongly in this book.
This man is not a "Doomsday writer" about our economic troubles. He has a prospective which is not necessarily compatible with much of the economists in the headlines and economic pages of today.
He is not a "talking head" with a pessimistic view. We are on our way up and out.
I felt much better about the future after I had read this book. I liked it very much.
He asks himself if the economic question depends only by the law of supply and domand or something happens for the financial policy.
The auctor is one of better economists in the world and he prefers an idea to the other utilizing a big quantity of informations.
He is ready to tell us most important questions, from the international strategies to the housewife choices.
His capacity to read the minimal aspects in the market is equivalent to his influence in mass media.
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Paul Krugman teaches economics and international affairs at Princeton University.Read more