End This Depression Now! Paperback
by Paul Krugman
The Great Recession is more than four years old-and counting.
Yet, as Paul Krugman points out in this powerful volley, "Nations rich in resources, talent, and knowledge-all the ingredients for prosperity and a decent standard of living for all-remain in a state of intense pain." How bad have things gotten?
How did we get stuck in what now can only be called a depression? And above all, how do we free ourselves? Krugman pursues these questions with his characteristic lucidity and insight.
He has a powerful message for anyone who has suffered over these past four years-a quick, strong recovery is just one step away, if our leaders can find the "intellectual clarity and political will" to end this depression now.
- Format: Paperback
- Pages: 288 pages, illustrations
- Publisher: WW Norton & Co
- Publication Date: 26/02/2013
- Category: Financial crises & disasters
- ISBN: 9780393345087
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Review by nivramkoorb
I thought that this was a decent book. I agree with the premises that Krugman puts forward. However, if it is meant for a good macro-economic overview, then it is a bit wonkish. I think it could have been more concise. Again, its greatest value is in presenting a basic economic framework for those who may not really understand how the economy works. What I find frustrating is that the data of the last 85 years clearly should show what does and does not work. It is hard to believe that supposedly intelligent economists do not see our current crisis as a lack of demand. It is scary when those that are doing well in this current crisis put forth propositions that do not help the entire economy but only serve their narrow self interests.