The Return of Depression Economics and the Crisis of 2008
Paul Krugman/ Business & Investing
The Return of Depression Economics and the Crisis of 2008 Paul Krugman texte en entier pdf - The Return of Depression Economics and the Crisis of 2008 par Paul Krugman ont été vendues pour EUR 5,99 chaque exemplaire. Le livre publié par W. W. Norton & Company. Il contient 205 pages et classé dans le genre Business & Investing. Ce livre a une bonne réponse du lecteur, il a la cote 4.3 des lecteurs 962. Inscrivez-vous maintenant pour accéder à des milliers de livres disponibles pour téléchargement gratuit. L'inscription était gratuite.
Détails de The Return of Depression Economics and the Crisis of 2008
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Titre du livre : The Return of Depression Economics and the Crisis of 2008
Auteur : Paul Krugman
Date de sortie : 2009-09-08
Catégorie : Business & Investing
Nom de fichier : the-return-of-depression-economics-and-the-crisis-of-2008.pdf
Taille du fichier : 21.59 (La vitesse du serveur actuel est 24.16 Mbps
The Return of Depression Economics and the Crisis of 2008 Paul Krugman texte en entier pdf -
The New York Times bestseller: the Nobel Prize–winning economist shows how today’s crisis parallels the Great Depression—and explains how to avoid catastrophe. With a new foreword for this paperback edition.
In this major bestseller, Paul Krugman warns that, like diseases that have become resistant to antibiotics, the economic maladies that caused the Great Depression have made a comeback. He lays bare the 2008 financial crisis—the greatest since the 1930s—tracing it to the failure of regulation to keep pace with an out-of-control financial system. He also tells us how 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 has become an instant classic. A hard-hitting new foreword takes the paperback edition right up to the present moment.What do babysitting coops and liquidity traps have in common? Lots, according to Paul Krugman. In The Return of Depression Economics, the MIT professor looks at the alarming string of financial crises that plagued various economies around the globe in the 1990s, especially the Asian contagion, and sees an "eerie resemblance to the Great Depression." Instead of the "new world order" promised by the triumph of capitalism over socialism, "the world economy has turned out to be a much more dangerous place than we imagined." Krugman uses the example of a Washington, D.C., babysitting coop to explain the dynamics of recession and inflation. He examines the remarkable emergence of Asia and the precursors to the Asian mess--the Tequila Effect of the mid-'90s that began in Mexico and Japan's fall in the early '90s into an economic malaise. He then analyzes the underlying reasons for the collapse of the Thai baht and other Asian currencies as well as the subsequent actions of the IMF and the murky role of hedge funds. In the end, Krugman sees the return of depression economics, which "means that for the first time in two generations, failures on the demand side of the economy--insufficient private spending to make use of the available productive capacity--have become the clear and present limitation on prosperity for a large part of the world." It's the same problem that was at the root of the 1930s depression. And while it took a world war to solve that problem, Krugman sees solutions that are far less dramatic but that do require a willingness to chuck obsolete doctrines and think about old problems in new ways.
Over the years, Krugman has earned a well-deserved reputation for translating the jargon that economists speak into something that anyone with an interest--not necessarily a Ph.D.--can understand. The Return of Depression Economics is another timely testament to Krugman's ability to read and interpret the tea leaves of today's global economy. Highly recommended. --Harry C. Edwards
The New York Times bestseller: the Nobel Prize–winning economist shows how today’s crisis parallels the Great Depression—and explains how to avoid catastrophe. With a new foreword for this paperback edition.
In this major bestseller, Paul Krugman warns that, like diseases that have become resistant to antibiotics, the economic maladies that caused the Great Depression have made a comeback. He lays bare the 2008 financial crisis—the greatest since the 1930s—tracing it to the failure of regulation to keep pace with an out-of-control financial system. He also tells us how 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 has become an instant classic. A hard-hitting new foreword takes the paperback edition right up to the present moment.Rang parmi les ventes Amazon: #202278 dans eBooksPublié le: 2009-09-08Sorti le: 2009-09-08Format: Ebook KindleCatégories : Business & Investing
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