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Fred

Princeton, NJ, United States | Member Since 2005

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  • End This Depression Now! | [Paul Krugman]
    End This Depression Now!
    UNABRIDGED

    End This Depression Now!

    • UNABRIDGED (8 hrs and 4 mins)
    • By Paul Krugman
    • Narrated By Rob Shapiro, Paul Krugman
    • Whispersync for Voice-ready
    Overall
    (181)
    Performance
    (152)
    Story
    (151)

    The Great Recession that began in 2007 is now more than four years old - and counting. Some 24 million Americans are unemployed or underemployed, and at recent rates of job creation we won’t be back to normal levels of employment until late this decade. This is a tragedy. Do we have to accept it? "No!" is the resounding answer given by Nobel Prize-winning economist Paul Krugman in this call to arms. We have seen this situation before and we know how to fix it; all we lack is the political will to take action.

    Michael says: "Listen to this before you vote!"
    "Great book for a scientist"
    Overall
    Performance
    Story
    Would you listen to End This Depression Now! again? Why?

    I never appreciated how well a real economist can explain economics in scientific terms. I am so used to hearing it from the POV of "traders" and "talking heads". It gives me hope there is a solution to this "depression". However, don't expect this book to make you feel good. It is rather sobering.


    What does Rob Shapiro and Paul Krugman bring to the story that you wouldn’t experience if you just read the book?

    Due to the immensity of the topic, I tried to read it from the library but it would have taken too long to read. The audio version allowed me to get through it easily.


    What’s the most interesting tidbit you’ve picked up from this book?

    The nature of liquidity and how important it is. Also, it is sobering to think our legislators are so determined to go the austerity route that has failed in every instance.


    2 of 3 people found this review helpful

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