01653cam a2200229Ia 4500001002000000003000900020005001700029008004100046020001500087020001800102040002300120050002200143100002100165245007900186260003600265300002900301520094600330650004301276650002201319650004401341650003801385CY-PaNEU1000712x CY-PaNEU20240709094252.0101011s2008 enka 000 0 eng d a1846142393 a9781846142390 aEEMcEEMdCY-PaNEU14aHB3716b.K77 20081 aKrugman, Paul R.14aThe return of depression economics and the crisis of 2008 /cPaul Krugman. aLondon, Eng. :bPenquin,c2008. a191 p. :bill. ;c20 cm. aIn 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. 0aBusiness cyclesxHistoryy21st century 4aDepressionsy1929 0aFinancial crisesxHistoryy21st century 0aRecessionsxHistoryy21st century