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 ...
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.
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Mr. Krugman offers sound advice on our unsound economy. This is a book that offers the kind of solutions that have worked in the past and would work again if only we implemented them. The kind of solutions that are intentionally not being discussed in the national discourse because it flies in the face of the special interests of the 1%, who are profiting handsomely to the detriment of everyone else. This is the kind of book that wades through the intentional confusion that has become our present day economy and puts into laymans terms solutions that we know will work. Mr. Krugman tells us what our present day robber barons don't want us to know. If you want real answers to our economic problems, read this book. Its contents are what the 1% don't want you to understand.
Publishers Weekly, 2012-07-30 Krugman-winner of the 2008 Nobel Prize in Economics-builds a strong case for federal stimulus spending as the only path to ending our current economic woes, and claims that austerity policies lead to economic contraction and worsening unemployment. Rob Shapiro skillfully narrates this audio edition-not an easy task given the somewhat dry nature of the prose-in a richly textured voice that brings just the right amount of gravitas and accessibility to this wonky manifesto. Shapiro's tone is conversational; he modifies his pitch for emphasis and adopts a carefully measured pace-a blessing when numbers, percentages, and statistics come fast and furious. Unfortunately, economics books (including this one) often make use of charts and graphs, and while PDFs of the book's 12 charts are included, this isn't likely to help those listening in the car or on the treadmill. Still, Shapiro provides an engaging performance of this timely and important book from Krugman, who narrates the introduction. A Norton hardcover. (May) (c) Copyright PWxyz, LLC. All rights reserved.
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