The Return of Depression Economics and the Crisis of 2008 (Paperback)
W. W. Norton & Company, 9780393337808, 207pp.
Publication Date: September 1, 2009
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.