Krugman, Paul
The Return of Depression Economics and the Crisis of 2008
- ISBN 13:
- 9781846142390
- author:
- Krugman, Paul
- format:
- Paperback
- publisher:
- Allen Lane
- language:
- English
- Publication Year:
- 2008
- Pages:
- 256
- Dimensions:
- 131 mm X 200 mm
- Genre:
- Economics
- Condition:
- New
- Availability:
- Item usually sent within 7 working days
Description
Paul Krugman's latest work offers a prescient analysis of the 2008 financial crisis and its resolution. In this updated version of his 1999 classic, Krugman explores the parallels between the current economic situation and the events that led to the Great Depression.
The author surveys the economic crises of the 1990s in Asia, Russia, and Latin America, revealing how these crises served as a warning for the Western world. He then examines how the housing bubble burst in the mid-2000s, exposing the vulnerabilities of the financial system and leading to a deep recession.
With his trademark style, Krugman provides a lucid and lively analysis of the crisis, laying out the steps that must be taken to turn around a world economy on the brink of collapse. This book is a valuable resource for policymakers and anyone seeking to understand the current economic predicament.