The Return of Depression Economics and the Crisis of 2008-logo

The Return of Depression Economics and the Crisis of 2008

Paul Krugman

Nobel Prize® winning economist Paul Krugman shows how today's crisis parallels the events that caused the Great Depression - and explains what it will take to avoid catastrophe. In 1999, Paul surveyed the economic crisis that had swept across Asia and Latin America, and warned 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, Paul 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 Paul'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.

Nobel Prize® winning economist Paul Krugman shows how today's crisis parallels the events that caused the Great Depression - and explains what it will take to avoid catastrophe. In 1999, Paul surveyed the economic crisis that had swept across Asia and Latin America, and warned 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, Paul 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 Paul'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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Description:

Nobel Prize® winning economist Paul Krugman shows how today's crisis parallels the events that caused the Great Depression - and explains what it will take to avoid catastrophe. In 1999, Paul surveyed the economic crisis that had swept across Asia and Latin America, and warned 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, Paul 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 Paul'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.

Language:

English

Narrators:

Don Leslie

Length:

6h 35m


Chapters

Chapter 1
Chapter 1

00:15


Chapter 2
Chapter 2

05:51


Chapter 3
Chapter 3

02:42


Chapter 4
Chapter 4

02:13


Chapter 5
Chapter 5

02:48


Chapter 6
Chapter 6

09:40


Chapter 7
Chapter 7

08:11


Chapter 8
Chapter 8

09:08


Chapter 9
Chapter 9

04:45


Chapter 10
Chapter 10

07:56


Chapter 11
Chapter 11

02:23


Chapter 12
Chapter 12

04:21


Chapter 13
Chapter 13

08:07


Chapter 14
Chapter 14

06:05


Chapter 15
Chapter 15

07:41


Chapter 16
Chapter 16

05:26


Chapter 17
Chapter 17

04:13


Chapter 18
Chapter 18

05:24


Chapter 19
Chapter 19

04:36


Chapter 20
Chapter 20

03:01


Chapter 21
Chapter 21

06:39


Chapter 22
Chapter 22

02:57


Chapter 23
Chapter 23

07:08


Chapter 24
Chapter 24

06:00


Chapter 25
Chapter 25

06:46


Chapter 26
Chapter 26

03:03


Chapter 27
Chapter 27

07:28


Chapter 28
Chapter 28

05:37


Chapter 29
Chapter 29

05:00


Chapter 30
Chapter 30

01:39


Chapter 31
Chapter 31

01:24


Chapter 32
Chapter 32

07:46


Chapter 33
Chapter 33

06:31


Chapter 34
Chapter 34

07:38


Chapter 35
Chapter 35

07:05


Chapter 36
Chapter 36

05:48


Chapter 37
Chapter 37

07:42


Chapter 38
Chapter 38

05:20


Chapter 39
Chapter 39

01:10


Chapter 40
Chapter 40

04:14


Chapter 41
Chapter 41

07:00


Chapter 42
Chapter 42

06:25


Chapter 43
Chapter 43

04:14


Chapter 44
Chapter 44

07:32


Chapter 45
Chapter 45

07:08


Chapter 46
Chapter 46

01:42


Chapter 47
Chapter 47

04:41


Chapter 48
Chapter 48

07:16


Chapter 49
Chapter 49

03:48


Chapter 50
Chapter 50

04:15


Chapter 51
Chapter 51

05:33


Chapter 52
Chapter 52

04:51


Chapter 53
Chapter 53

05:29


Chapter 54
Chapter 54

05:04


Chapter 55
Chapter 55

01:43


Chapter 56
Chapter 56

03:56


Chapter 57
Chapter 57

04:37


Chapter 58
Chapter 58

06:31


Chapter 59
Chapter 59

06:14


Chapter 60
Chapter 60

03:07


Chapter 61
Chapter 61

05:49


Chapter 62
Chapter 62

04:36


Chapter 63
Chapter 63

08:58


Chapter 64
Chapter 64

04:54


Chapter 65
Chapter 65

01:47


Chapter 66
Chapter 66

08:26


Chapter 67
Chapter 67

05:58


Chapter 68
Chapter 68

08:22


Chapter 69
Chapter 69

07:19


Chapter 70
Chapter 70

02:56


Chapter 71
Chapter 71

01:20


Chapter 72
Chapter 72

05:10


Chapter 73
Chapter 73

04:37


Chapter 74
Chapter 74

06:04


Chapter 75
Chapter 75

03:42


Chapter 76
Chapter 76

02:01


Chapter 77
Chapter 77

00:36