Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required.
To get the free app, enter your mobile phone number.
Ron Paul vs. Paul Krugman: Austrian vs. Keynesian economics in the financial crisis Paperback – April 1, 2012
See the Best Books of 2017
Looking for something great to read? Browse our editors' picks for the best books of the year in fiction, nonfiction, mysteries, children's books, and much more.
Frequently bought together
Customers who bought this item also bought
"Any work of economics that can make you laugh is at least worth a look. If in less than 100 pages it also informs you about a subject of great importance, it might just qualify as a must-read.
"Jeremy Hammond, a political journalist self-taught in economics and a writer of rare skill, has produced such a book." -- Gene Epstein, Barron's
"The reader does not have to be highly knowledgeable about the world of economic theory to understand Ron Paul vs. Paul Krugman. Clearly written, and with an obvious and well supported perspective..." -- Jim Miles, Foreign Policy Journal
About the Author
Jeremy R. Hammond is an independent political analyst and recipient of the Project Censored Award for Outstanding Investigative Journalism. He is the founder and editor of ForeignPolicyJournal.com and can also be found on the web at JeremyRHammond.com. He is the author of Ron Paul vs. Paul Krugman: Austrian vs. Keynesian economics in the financial crisis and The Rejection of Palestinian Self-Determination: The Struggle for Palestine and the Roots of the Israeli-Arab Conflict. His forthcoming book is on the contemporary U.S. role in the Israeli-Palestinian conflict.
If you buy a new print edition of this book (or purchased one in the past), you can buy the Kindle edition for only $0.99 (Save 80%). Print edition purchase must be sold by Amazon. Learn more.
For thousands of qualifying books, your past, present, and future print-edition purchases now lets you buy the Kindle edition for $2.99 or less. (Textbooks available for $9.99 or less.)
Top customer reviews
There was a problem filtering reviews right now. Please try again later.
When getting to know people's perspectives I want to take some time with just their words, and leave the authors opinions out of it until necessary. This book would do much better by taking entire (if condensed) essays of each person instead of a chopped up and mangled up head to head and back and forth of their ideas with the balanced skewed heavily in one persons favor (even though I too believe the man is wrong).
I must admit, the 2007-8 financial crisis fascinates me. (Shortly after reading this book, I rented the movie "The Big Short").
I find the book quite accessible. You don't need a background in economics or finance to follow the book.
Since the purpose of the book is to contrast the ideas of Paul Krugman and Ron Paul, I fully expected the author to have a definite conclusion to share. The author relies on published statements from the two opponents. He quotes them both frequently and at length, with citations you can check. As events have unfolded through the crisis, we are shown the stark contrast between the recommendations, explanations and responses of the two antagonists. This is the kind of illumination an economic disaster demands.
If, like me, you believe that our monetary and financial system is a house of cards, then this book might guide you to ask the right questions. I believe this issue is the most important thing for each of us to tackle today. More important than terrorism, immigration or health care.
Mr.Hammond has written a timely book regarding the current economic misery in America and its intellectual foundations. I am quite stunned to read the reviews that claim Mr.Hammond is being biased; he provides COMPLETE references to all his quotes so you can see that nothing is taken out of context. Facts vindicate those who are correct and expose those who are not. There's no bias here. It is crucial to note that this book discusses economic theory. This is not a "Republican vs. Democrat" issue! There are PLENTY of big government republicans out there. Democrats can appreciate Austrian economics as much as Libertarians do. This book is about acknowledging the fact that economics is a behavioral science. Paul Krugman assumed that a housing bubble would be acceptable because it would slowly fade away as the economy improved; he was wrong. His understanding of the economy is parochial. His inability to admit his mistakes is obvious. His fundamental dishonesty is disgusting. Skeptical democrats need look no further than Jan 2013, (NY Times, "Be Ready To Mint That Coin"), when the good professor suggested a trillion dollar coin. Seriously? If you're a liberal and even Jon Stewart is mocking you, you know you've done something wrong.
All kidding aside, Krugman is a poor economist and more than a decade of editorials and blog posts confirm this. Krugman pays homage to Keynes, a splendid mathematician but a poor economist, (not surprisingly, there isn't a single Fabian Socialist that you can call a competent economist). His editorials and blog posts, particularly read now in 2013, are utterly moronic. Perhaps this could be forgiven (hindsight is 20/20 afterall) except that many did see the problems that awaited us because of the fed's actions (Ron Paul being one of those people). NY deserves better and the NY Times can certainly do better. For anyone who thinks this book is biased or who just assumes the author is biased because he is criticizing Krugman, have a look at the references. The book is 100 pages, it can be read in no time. Read the book, then go online and see for yourself if the author is biased.
Ron Paul was right; Krugman was wrong.
Truly excellent work by Mr.Hammond.