The Return of Depression Economics

Description:

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 his 1999 book, Nobel Prize-winning economist Krugman surveyed the economic crises that had swept across Asia and Latin America, and pointed out that they were a warning: like antibiotic-resistant diseases, the economic maladies that caused the Great Depression were making a comeback. In the years that followed, as Wall Street boomed and wheeler-dealers made vast profits, the crises of the 1990s faded from memory. But when the great housing bubble of the mid-2000s burst, the U.S. financial system proved as vulnerable as those of developing countries. In this greatly updated edition, Krugman shows how the failure of regulation to keep pace with an out-of-control financial system set the United States, and the world, 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.--From publisher description.

subjects: Recessions,  History,  Business cycles,  Economic history,  Financial crises,  Depressions, 1929,  Crises économiques,  Mouvements de capitaux,  Cycles économiques,  Récessions,  Histoire,  Guides, manuels,  Prévention,  Crises financières,  Crises boursières,  Histoire économique,  Crise économique (2008),  Conditions économiques,  Crise économique,  21e s. (début),  Crise financière,  Cycle économique,  Économie internationale,  Mouvement de capitaux,  Récession,  Depressions,  Global Financial Crisis, 2008-2009,  Crise financière mondiale, 2008-2009,  Cause (Histoire),  Crise financière mondiale (2008-2009),  Depressão econômica,  Crise econômica,  Ciclos econômicos (história),  Crise financeira (história),  Global Financial Crisis (2008-2009) fast (OCoLC)fst01755654,  Recession,  Historia,  Great Depression, 1929-1939,  Finanskriser,  Depression (ekonomi),  nyt:hardcover-nonfiction=2009-01-18,  New York Times bestseller,  Recessions--history,  Recessions--history--21st century,  Business cycles--history,  Business cycles--history--21st century,  Financial crises--history,  Financial crises--history--21st century,  Depressions--1929,  Hb3716 .k77 2009,  330.9,  Crisis económicas,  Yan jiu,  Jing ji wei ji,  Recesiones,  Historia económica,  Crisis económica,  Ciclos económicos,  Crisis financiera

Places: shi jie

Times: 20th century,  1990-,  21st century,  1929,  Siglo XXI,  xian dai,  Siglo XX,  2008