How the boom went bust

Paul Krugman is one economist who can analyze the complexities of an economic crisis, propose solutions and make the discussion intelligible to the general public. In ten chapters Krugman diagnoses the current economic disaster from a historical perspective, suggests solutions, and along the way teaches readers a great deal about how the economy works. After the Asian financial crisis of the late 1990s Krugman analyzed the world economy and the prospects for a return to a depression environment in a book called The Return of Depression Economics. The new volume is an updated version of that book from the perspective of the current world economic crisis.


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