Overview

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.

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9780393337808

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Reviews

The most celebrated economist of his generation. -- The Economist Krugman's facility with both arcane details and vast unified explanations boils down complexity so much that the reader often wonders: Why didn't I see it that way myself? -- Boston Globe

The most celebrated economist of his generation. Krugman's facility with both arcane details and vast unified explanations boils down complexity so much that the reader often wonders: Why didn't I see it that way myself?

The most celebrated economist of his generation.

Author Information

Paul Krugman, recipient of the 2008 Nobel Prize in Economics and best-selling author, has been a columnist at The New York Times for twenty years. A Distinguished Professor at City University of New York, he lives in New York City.

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