Krugman offers a comprehensive context for the crisis of 2008 and events still unfolding today. The professor deserves high marks for brevity and an elegance of presentation regarding the intricate connections of financial plumbing and investor psychology throughout history as manifest in bubbles, panics and crashes.
I withold the 5th star because his treatment of Alan Greenspan is cursory, dismissive and, I believe, unfair. The former fed chair turned universal scapegoat presided over a period where the effectiveness or normal tools of monetary policy changed in inexplicable ways. Krugman, of all people should recognize and acknowledge this.
Report Inappropriate Content
If you find this review inappropriate and think it should be removed from our site, let us know. This report will be reviewed by Audible and we will take appropriate action.