The Return of Depression Economics and the Crisis of 2008 (Hardcover)
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In this new, greatly updated edition ofThe Return of Depression Economics, Krugman shows how the failure of regulation to keep pace with an increasingly out-of-control financial system set the United States, and the world as a whole, up for the greatest financial crisis since the 1930s. He also lays out the steps that must be taken to contain the crisis, and turn around a world economy sliding into a deep recession. Brilliantly crafted in Krugman's trademark style--lucid, lively, and supremely informed--this new edition of The Return of Depression Economics will become an instant cornerstone of the debate over how to respond to the crisis.
About the Author
Paul Krugman is Professor of Economics and International Affairs at Princeton University and a "New York Times" columnist. He was awarded the Nobel Prize for Economics in 2008.