End This Depression Now!
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Average rating4
15
Ratings3
Average rating4
A call-to-arms from Nobel Prize?winning economist and best-selling author Paul Krugman. 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.
Reviews with the most likes.
While a good bit is simply outdated by the passage of time, the idea that chicken footing around is only prolonging the issues that caused the depression and kept the depression going for so long is not something to be overlooked.
Compelling argument for remembering the lessons of Keynsian economic about how to end a depression. Unfortunately, our myopic politicians in Washington seem bent on out-Hoovering Hoover. The end result of following the Republican economic dogma of slashing and burning the government spending will be to sink the U.S., and probably the world, economy for at least a generation.
