Author: Paul Krugman
Translator: Jin-hwan An
Publisher: Sejong
240 pages | 223*152mm
Important! Please read before you order! |
>>>This book is written in Korean. |
About This Book
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.
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