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.

  • Apple
  • Android
  • Windows Phone
  • Android

To get the free app, enter your mobile phone number.

FREE Shipping on orders with at least $25 of books.
In Stock.
Ships from and sold by Amazon.com. Gift-wrap available.
Ron Paul vs. Paul Krugman... has been added to your Cart
FREE Shipping on orders over $25.
Condition: Used: Good
Comment: Solid used copy with visible wear.
Have one to sell? Sell on Amazon
Flip to back Flip to front
Listen Playing... Paused   You're listening to a sample of the Audible audio edition.
Learn more
See all 3 images

Ron Paul vs. Paul Krugman: Austrian vs. Keynesian economics in the financial crisis Paperback – April 1, 2012

3.0 out of 5 stars 27 customer reviews

See all 3 formats and editions Hide other formats and editions
Price
New from Used from
Kindle
"Please retry"
Paperback
"Please retry"
$9.99
$3.59 $0.01

Security
ITPro.TV Video Training
Take advantage of IT courses online anywhere, anytime with ITPro.TV. Learn more.
$9.99 FREE Shipping on orders with at least $25 of books. In Stock. Ships from and sold by Amazon.com. Gift-wrap available.
click to open popover

Frequently Bought Together

  • Ron Paul vs. Paul Krugman: Austrian vs. Keynesian economics in the financial crisis
  • +
  • Liberty Defined: 50 Essential Issues That Affect Our Freedom
  • +
  • The Revolution: A Manifesto
Total price: $29.91
Buy the selected items together


Editorial Reviews

Review

"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.)
  • Thousands of books are eligible, including current and former best sellers.
  • Look for the Kindle MatchBook icon on print and Kindle book detail pages of qualifying books. You can also see more Kindle MatchBook titles here or look up all of your Kindle MatchBook titles here.
  • Read the Kindle edition on any Kindle device or with a free Kindle Reading App.
  • Print edition must be purchased new and sold by Amazon.com.
  • Gifting of the Kindle edition at the Kindle MatchBook price is not available.
Learn more about Kindle MatchBook.


The latest book club pick from Oprah
"The Underground Railroad" by Colson Whitehead is a magnificent novel chronicling a young slave's adventures as she makes a desperate bid for freedom in the antebellum South. See more

Product Details

  • Paperback: 104 pages
  • Publisher: CreateSpace Independent Publishing Platform (April 1, 2012)
  • Language: English
  • ISBN-10: 1470070723
  • ISBN-13: 978-1470070724
  • Product Dimensions: 6 x 0.2 x 9 inches
  • Shipping Weight: 7.5 ounces (View shipping rates and policies)
  • Average Customer Review: 3.0 out of 5 stars  See all reviews (27 customer reviews)
  • Amazon Best Sellers Rank: #431,529 in Books (See Top 100 in Books)

Customer Reviews

Top Customer Reviews

Format: Paperback Verified Purchase
Are you disturbed by the fact that you've worked hard and diligently saved your money, but now your savings account yields less than 1% interest? Are you curious as to which economists think punishing savers is a good idea?

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).
Read more ›
Comment 19 people found this helpful. Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
Format: Kindle Edition Verified Purchase
Paul Krugman is probably one of the most well known economists of the US mainstream. Even if you don't know his NYT mug, his op-eds on Keynesian economic theory permeate any serious discussion of the post-2008 crash and recession. Hammond contrasts these articles with a very different economic solution offered by US Rep. Ron Paul of Texas. Using the former's columns juxtaposed beside Paul's often fiery floor speeches adhering the "Austrian School" of economics, Hammond clears the fog to reveal the folly of market fiddling. With malvolent wit and a magician's command of the table, Hammond sends the mind running in several directions at once. He makes a less than blood-pumping subject matter fun with biting wit, relentless attention to sourcing and by use of ladder logic and tight powerful sentences. Whether writing about Palestine, vaccine theory or economics, Hammond makes it his job to make sure you don't miss the unintended consequences of "interventionism.'
Comment 2 people found this helpful. Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
Format: Kindle Edition Verified Purchase
This short book gives the relevant quotes from Ron Paul and Paul Krugman. I don't know of any other source for such a comprehensive comparison of what these two leaders had to say about monetary policy and the housing bust. Two thumbs up!
Comment 16 people found this helpful. Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
Format: Paperback Verified Purchase
One comes away reading this book with little or no doubt as to who's been right and who's been wrong. The method the author uses for this is very difficult to take issue with. It's basically a timeline of who said what when (based on public record), whether they stayed consistent, or whether they backtracked or contradicted themselves after the fact.

Even if you agree with Krugman (as many do), it's startling and worthwhile to see how his writings have evolved over time, and how many mistakes he's made with his economic predictions and refused to acknowledge. While this may not be the best reflection on the opposing economic theories, it is a good reflection on the two individuals. I highly recommend it.
Comment 24 people found this helpful. Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
Format: Paperback Verified Purchase
I really like this book! I commend the author for his clear perspective.

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.
Comment One person found this helpful. Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
Format: Paperback Verified Purchase
Krugman is a nitwit. This book does a good job of rebutting his left wing nonsense and explains the common sense of a Libertarian/Austrian economic approach to the economy.
Comment 8 people found this helpful. Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
Format: Paperback
While Mr. Paul would make a better president than most, libertarianism falls short of the mark for me in several ways. In spite of this prejudice, it's clear based on the evidence provided by Mr. Hammond that the Austrian school of economic thought did a much better job of diagnosing and treating the financial meltdown than the Keynesian. It's equally obvious that Paul Krugman has taken great pains to deny what he said repeatedly before the fallout. The book forced me the question the validity of Keynesianism and seriously question Krugman's integrity. He seems to be absolutely incapable of admitting he was wrong about the Federal Reserve's policies, the policies of the various committees created to encourage home ownership and Obama's stimulus package. He is willing to engage in the most convoluted semantic acrobatics imaginable in order to avoid confronting the basic fact that his recommendations to the Fed brought about a recession. These gymnastics would not even be undertaken by a pathological narcissist. The book uses basic jargon and someone who is totally unfamiliar with banking and finance should not purchase it. For someone who wants an articulate perspective that differs from the ones given by the nearly illiterate talking heads of both parties this is a must read. Ron Paul's predictions materialized, Krugman's did not. Paul warned the politicians and the people in the early 2000's repeatedly, but no one paid him any heed.

I don't believe all of Keynes's ideas are completely wrong (he was a very successful investor, also, how many people, including his most ardent supporters, have waded through his entire General theory of Employment, Interest and Money?), but it is obvious that the policy initiatives inspired by his writings should be carefully reevaluated.
Read more ›
5 Comments 17 people found this helpful. Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse

Most Recent Customer Reviews

Set up an Amazon Giveaway

Ron Paul vs. Paul Krugman: Austrian vs. Keynesian economics in the financial crisis
Amazon Giveaway allows you to run promotional giveaways in order to create buzz, reward your audience, and attract new followers and customers. Learn more about Amazon Giveaway
This item: Ron Paul vs. Paul Krugman: Austrian vs. Keynesian economics in the financial crisis