The Krugman, Paul R. creator text enk London, Eng Penquin 2008 monographic eng

print

191 p. : ill. ; 20 cm. 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. Paul Krugman. Business cycles History 21st century Depressions 1929 Financial crises History 21st century Recessions History 21st century HB3716 .K77 2008 1846142393 9781846142390 EEM 101011 20240709094252.0 CY-PaNEU1000712x