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.
- ISBN10 0393337804
- ISBN13 9780393337808
- Publish Date 7 August 2009 (first published 19 November 2008)
- Publish Status Active
- Publish Country US
- Imprint WW Norton & Co
- Format Paperback
- Pages 224
- Language English