The return of depression economics and the crisis of 2008

Resource Information

The work The return of depression economics and the crisis of 2008 represents a distinct intellectual or artistic creation found in Waubonsee Community College. This resource is a combination of several types including: Work, Language Material, Books.

Label

The return of depression economics and the crisis of 2008

Statement of responsibility

Paul Krugman

Creator

• Krugman, Paul R

Subject

• Business cycles
• Business cycles -- History
• Business cycles -- History -- 21st century
• Business cycles | History | 21st century
• Ciclos econômicos (história) -- Século 21
• Crise econômica
• Crise financeira (história) -- Século 21
• Depression (ekonomi) -- 1929
• Depressions
• Depressions -- 1929
• Depressions | 1929
• Depressão econômica -- 1929
• Financial crises
• 1929-2099
• Financial crises -- History -- 21st century
• Financial crises | History | 21st century
• Finanskriser -- historia -- 2000-talet
• Global Financial Crisis (2008-2009)
• Global Financial Crisis, 2008-2009
• Great Depression, 1929-1939
• History
• Recession -- historia -- 2000-talet
• Recessions
• Recessions -- History
• Recessions -- History -- 21st century
• Recessions | History | 21st century
• Financial crises -- History

Genre

• History

Language

eng

Summary

• Our newest Nobel Prize-winning economist shows how today's crisis parallels the events that caused the Great Depression and explains what it will take to avoid catastrophe
• In 1999, in The Return of Depression Economics, Paul Krugman surveyed the economic crises that had swept across Asia and Latin America, and pointed out that those crises were a warning for all of us: like diseases that have become resistant to antibiotics, the economic maladies that caused the Great Depression were making a comeback. In the years that followed, as Wall Street boomed and financial wheeler-dealers made vast profits, the international crises of the 1990s faded from memory. But now depression economics has come to America: when the great housing bubble of the mid-2000s burst, the U.S. financial system proved as vulnerable as those of developing countries caught up in earlier crises and a replay of the 1930s seems all too possible. In this new, greatly updated edition of The Return of Depression Economics, Krugman shows how the failure of regulation to keep pace with an increasingly out-of-control financial system set the United States, and the world as a whole, up for the greatest financial crisis since the 1930s. He also lays out the steps that must be taken 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 will become an instant cornerstone of the debate over how to respond to the crisis.-- Description from http://www.booktopia.com.au (Nov.2, 2011)

Cataloging source

BTCTA

Dewey number

338.5/42

Illustrations

illustrations

Index

index present

LC call number

HB3716

LC item number

.K77 2009

Literary form

non fiction