End This Depression Now!

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." With characteristic lucidity and insight, Krugman pursues the questions of how bad the situation really is, how we got stuck in what can now be called a depression and above all, how we free ourselves. 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.

Looks at the economic downturn of the early 21st century, declaring it a depression, and outlines the steps that can be taken to reverse the trend and get back on the road to economic recovery.

Auteur
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.

Texte du rabat

A call-to-arms from Nobel Prize winning economist and best-selling author Paul Krugman.

Résumé
A call-to-arms from Nobel Prizewinning economist and best-selling author Paul Krugman.