Paul Krugmans new book – The Return of Depression Ecomonics

The Return of Depression Economics by Paul Krugman

Our newest Nobel Prize–winning economist Paul Krugman, shows how the 2008 financial crisis parallels the events that caused the Great Depression—and explains what it will take to avoid catastrophe.

In this greatly updated edition of The Return of Depression Economics, Krugman shows how the failure of regulation to keep pace with an increasingly out-of-control financial system set up the United States, and the world as a whole, 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 edition will become an instant cornerstone of the debate over how to respond to the crisis.

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